RenDC

» Interview Questions and Answers » Questions » News Feed » Tutorials » rendc.com

Quickbook

Home Applications Programs Quickbook

“Quickbook frequently Asked Questions in various Quickbook job Interviews by interviewer. The set of questions here ensures that you offer a perfect answer posed to you. So get preparation for your new job hunting”

101 Quickbook Questions And Answers

61⟩ What do you need to record in QuickBooks when a customer's check bounces (the customer had non-sufficient funds, NSF)? a. There is less money in the checking account. b. The customer owes you for the amount of the check (and optionally a bounced check fee). c. The NSF fee the bank charged you d. All of the above.

d. All of the above.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

153 views

62⟩ What report should you use to help you complete the state unemployment tax form? a. Payroll Summary b. Payroll Data Review c. Employee State Taxes Detail d. State Unemployment report

c. Employee State Taxes Detail

Is this answer helpful? 0 Yes | 0 No

Answer This Question

161 views

63⟩ What form must you give to an employee? a. 1099 b. 1096 c. W-2 d. 1040

c. W-2

Is this answer helpful? 0 Yes | 0 No

Answer This Question

146 views

64⟩ Which of the following is a way to access a report in QuickBooks? a. From the Reports menu b. From the Report Center c. By clicking Reports at the bottom of lists d. All of the above

d. All of the above

Is this answer helpful? 0 Yes | 0 No

Answer This Question

157 views

65⟩ What is the purpose of subaccounts? a. Track departments or locations efficiently b. Track finances in more detail by grouping accounts in a logical fashion and showing a subtotal for those accounts c. To show different Account Types together in one section of a report d. None of the above

b. Track finances in more detail by grouping accounts in a logical fashion and showing a subtotal for those accounts

Is this answer helpful? 0 Yes | 0 No

Answer This Question

146 views

66⟩ How do you create a memorized group of reports? a. Click the Report Center icon. Then click the Create New Report Group button. b. Open the Memorized Report List and then click Memorized Report > New Group. c. Choose File > Reports > Memorized Reports > Create Group. d. Open the Group Reports List and then click Groups > New Group.

b. Open the Memorized Report List and then click Memorized Report > New Group.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

168 views

67⟩ How do you display or print a batch/group of reports quickly? a. The only way is to create a memorized group of reports. b. Choose Reports > Process Multiple Reports. c. You can't do this in QuickBooks. d. On the Home Page, click Batch Reports.

b. Choose Reports > Process Multiple Reports.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

172 views

68⟩ What happens if you click Collapse on a report? a. QuickBooks minimizes the report on the Home Page. b. QuickBooks only shows data for the current month. c. QuickBooks hides Subaccounts and only shows Parent accounts. d. QuickBooks displays the report smaller so you can see other things on your screen.

c. QuickBooks hides Subaccounts and only shows Parent accounts.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

146 views

69⟩ If you set up and track Sales Tax in QuickBooks, which category of reports contains Sales Tax reports? a. Sales Reports b. Vendors and Payables c. Sales Tax d. Tax Liability

b. Vendors and Payables

Is this answer helpful? 0 Yes | 0 No

Answer This Question

173 views

70⟩ How do you move columns on a report? a. Click Modify Report, and in the Display tab under Columns, click the diamond to the left of the column and drag it to the desired position. b. You can't do this in QuickBooks. You have to export the report to Excel first. c. Click the diamond to the right of the column and drag it to the desired position. d. Move your cursor over the column heading, and when it becomes a hand, click and drag the column to the desired position.

d. Move your cursor over the column heading, and when it becomes a hand, click and drag the column to the desired position.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

174 views

71⟩ What can you do in the Reports & Graphs Preferences (Edit > Preferences)? a. Change the summary basis (Accrual or Cash) for all reports b. Change Format options like font color and size c. Set which date to use for aging reports d. All of the above

d. All of the above

Is this answer helpful? 0 Yes | 0 No

Answer This Question

160 views

72⟩ What happens when you QuickZoom on a number in a report? a. QuickBooks shows more detail about the number on the report. b. QuickBooks shows you the Journal Entry it makes "behind the scenes" for that number. c. QuickBooks displays who entered and modified the transaction. d. QuickBooks magnifies the number so it is easier to read.

a. QuickBooks shows more detail about the number on the report.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

168 views

73⟩ What is the purpose of the Chart of Accounts? a. It allows accountants to view accounting records remotely. b. It is how you categorize financial transactions. c. To see a graphical chart of income and expenses. d. To categorize items.

b. It is how you categorize financial transactions.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

180 views

74⟩ You suspect that someone has changed a transaction. What report should you run? a. Audit Trail Report b. User Entry Report c. Modified Transactions Report d. Changed Transactions Report

a. Audit Trail Report

Is this answer helpful? 0 Yes | 0 No

Answer This Question

185 views

75⟩ Which of the following reports answers the question "What transactions make up the current balance I owe each Vendor?" a. A/P Aging Summary b. Accounts Payable graph c. Vendor Balance Detail d. Expenses by Vendor Detail

c. Vendor Balance Detail

Is this answer helpful? 0 Yes | 0 No

Answer This Question

143 views

76⟩ What happens if you double-click a diamond on a report column? a. QuickBooks opens a detailed report about just that column. b. QuickBooks automatically adjusts the column width to fit the data in the column. c. QuickBooks hides the column. d. None of the above.

d. None of the above.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

200 views

77⟩ How can you stop yourself and others from deleting, editing, or adding transactions in a closed period? a. Start a new company file each period (fiscal year) b. Change the fiscal year in the Company Information window c. Set a closing date d. Edit the user's profile and enter a date in the "Restrict entry after this date" field.

c. Set a closing date

Is this answer helpful? 0 Yes | 0 No

Answer This Question

169 views

78⟩ What is one way that QuickBooks uses the Account Type? a. To track revenue and expense by office or business segment b. For financial ratios in the Analysis module c. To change the color of different sections on the financial statements d. To identify where the account appears on the financial statements

d. To identify where the account appears on the financial statements

Is this answer helpful? 0 Yes | 0 No

Answer This Question

165 views

79⟩ What is the easiest way to organize your memorized reports? a. Track your memorized reports in Excel. b. Create a report group. c. Delete reports from your Memorized Report List quarterly to keep the list manageable d. You are only allowed to create 5 memorized reports, so there is no need to organize your reports.

b. Create a report group.

Is this answer helpful? 0 Yes | 0 No

Answer This Question

174 views

80⟩ You have customized and then memorized a report. What does QuickBooks save when memorizing a report? a. Report header, filters, and transactions b. Transactions only c. Report header, filters, and columns but not the actual transactions d. Everything. A memorized report is like a photographic snapshot of a report.

c. Report header, filters, and columns but not the actual transactions

Is this answer helpful? 0 Yes | 0 No

Answer This Question

158 views

Page: 1 2 3 4 5

rendc.org

Whether it is technological solutions or user-oriented innovations, We have put together for you the best sources of HR Interview Questions and Answers, Tech Ideas, and Programming Tutorials."

Quick Links:

Interview Question and Answer Questions Add Questions News-Feed Add Posts HR Hacks Tutorials Profile rendc.com memeph.com

© 2022 | All rights reserved.