A b c exam section 2 qbo 2019 recertification exam 1

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A B C Exam Section 2
QBO 2019 Recertification Exam 1. Esther is thrilled to see that paychecks created in QuickBooks Online that have two direct deposit accounts show up in QuickBooks as two separate transactions. Which 2 processes will be made easier by this functionality?
2. Craig’s Design and Landscaping Services recently hired a new employee to help with purchasing Which feature in QuickBooks Online would help the new employee know who Craig usually purchases specific products and services from? .
3. Your client, Kellie’s Kandy Shoppe, just started using QuickBooks Online. They collect and remit sales tax. As you set up Kellie’s business in QuickBooks Online, you have found that it will not permit you to use Automated Sales Tax. What are 2 possible reasons why you cannot use Automated Sales Tax?
4. Craig’s Design and Landscaping Service has entered into a subcontracting agreement with Long General Contractors. The contract states a negotiated special price that should be used for each product and service item utilized in the jobs that Craig completes for Long. Which type of Price Rule should you recommend Craig use in this situation? Percentage Fixed discount Custom price per item
5. While completing a client’s May bank reconciliation in QuickBooks Online, you see this alert: “We found a hidden transaction that is affecting your difference.” What are 2 reasons that would cause this message to appear?
QBO 2019 Recertification Exam Your client recorded a deposit with a transaction date in June, but physically deposited it in May. You client received a pre-payment deposit from a customer in May on an invoice that was dated in June. Your vendor deposited a post-dated check that you gave them, and the bank accidentally cleared it. 6. Your client, Brian’s Bike Shop, insists on doing all the QuickBooks Online entries himself, but with some guidance from you. In fact, he has not even given you access to his QuickBooks Online company. You have persuaded him to send you a spreadsheet version of the report “Ask My Accountant,” which is a listing of all the transactions posted to his “Ask My Accountant” suspense

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