Quickbook Interview Preparation Guide
Elevate your Quickbook interview readiness with our detailed compilation of 101 questions. These questions are specifically selected to challenge and enhance your knowledge in Quickbook. Perfect for all proficiency levels, they are key to your interview success. Access the free PDF to get all 101 questions and give yourself the best chance of acing your Quickbook interview. This resource is perfect for thorough preparation and confidence building.101 Quickbook Questions and Answers:
1 :: What is QuickBooks?
QuickBooks is an accounting software package developed and marketed by Intuit.
2 :: Explain the features of QuickBooks?
Intuit has integrated several web-based features into QuickBooks, including remote access capabilities, remote payroll assistance and outsourcing, electronic payment functions, online banking and reconciliation, mapping features through integration with Google Maps, marketing options through Google, and improved e-mail functionality through Microsoft Outlook and Outlook Express. For the 2008 version, the company has also added import from Excel spreadsheets, additional employee time tracking options, pre-authorization of electronic funds and new Help functions. In June 2007, Intuit announced that QuickBooks Enterprise Solutions would run on Linux servers, whereas previously it required a Windows server to run.
3 :: During the Easy-step Interview, you can turn on and off which features?
a. Sales taxes
b. Inventory
c. Progress Invoicing
d. All of the above
d. All of the above
4 :: During the EasyStep Interview, you can set up a password for which of the following users?
a. Administrator
b. External Accountant
c. You cannot setup passwords during the EasyStep interview
d. All users
a. Administrator
5 :: When setting up a new company through the EasyStep Interview, some company information is optional and some is absolutely required. Which of the following pieces of information does QuickBooks require you to enter?
a. Company name
b. Company password
c. Tax ID
d. All of the above
a. Company name
6 :: How do you set up multiple businesses in QuickBooks (assuming each business files a separate tax return)?
a. Purchase a separate QuickBooks license for each company you need to set up.
b. Go through the EasyStep interview for the oldest company first, and then choose File > Add a separate business at the end of the interview.
c. Go through the EasyStep interview for each company to create a separate company file.
d. Go through the EasyStep Interview for the largest company first, and then choose File > Add a separate business at the end of the interview.
c. Go through the EasyStep interview for each company to create a separate company file.
7 :: During the EasyStep Interview, how do you setup a new account that is not on the default list of accounts?
a. You can't add accounts that are not on the QuickBooks default list. Finish the interview and add the accounts directly to the Chart of Accounts.
b. Click Add new account in the EasyStep Interview.
c. Click Edit Account during the EasyStep Interview.
d. Select Import My Chart of Accounts during the EasyStep Interview.
a. You can't add accounts that are not on the QuickBooks default list. Finish the interview and add the accounts directly to the Chart of Accounts.
8 :: You've been hired by a company that started in 1911. They've never used QuickBooks. During the EasyStep Interview, what "Start Date" should you use?
a. There is no Start Date in the EasyStep Interview.
b. The date the company bought QuickBooks.
c. 1911
d. The date you want to begin tracking the company's finances in QuickBooks.
d. The date you want to begin tracking the company's finances in QuickBooks.
9 :: How do you restore a company file from a backup copy?
a. Choose File > Back Up. Then click the Restore from Backup button.
b. Choose File > Utilities > File Operations > Restore.
c. Choose File > Open or Restore Company. Select Restore a backup copy and click Next. Choose Local or Online Backup and click Next. Select the file to restore and click Open. Choose where to restore the file to and click Save.
d. Click the Restore icon on the Home page.
c. Choose File > Open or Restore Company. Select Restore a backup copy and click Next. Choose Local or Online Backup and click Next. Select the file to restore and click Open. Choose where to restore the file to and click Save.
10 :: Why would you restore a data file from the backup file?
a. You wish to review the company data as it stood at an earlier date.
b. The company data file on your hard drive is damaged and cannot be used.
c. Your computer crashed. You reloaded QuickBooks, and now you are ready to open the company file.
d. All of the above.
d. All of the above.