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1 | |
A company is not required to withhold payroll taxes for: |
| | A) | Out-of-state employees |
| | B) | Employees paid by the hour |
| | C) | Salaried employees |
| | D) | Subcontractors |
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2 | |
All of the items below are steps to processing payroll using QuickBooks except: |
| | A) | Paying payroll liabilities |
| | B) | Paying employees |
| | C) | Tracking time |
| | D) | Preparing a bank reconciliation |
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3 | |
To turn on QuickBooks time tracking feature, the following steps must be completed: |
| | A) | Click Employees, Payroll, and then Time Tracking |
| | B) | Click Preferences, Reminders, and then Time Tracking |
| | C) | Click Tools, Preferences, and then Time Tracking |
| | D) | Click Employees, Payroll and Employees, and then Time Tracking |
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4 | |
New employees complete form______ to indicate filing status and allowances. |
| | A) | W-4 |
| | B) | W-2 |
| | C) | 1099 |
| | D) | 1040 |
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5 | |
In the Weekly Timesheet Window you can record: |
| | A) | Time billable to a specific customer |
| | B) | How many shipments of inventory items were received |
| | C) | Number of purchase orders from each supplier |
| | D) | Time billable to a specific vendor |
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6 | |
In QuickBooks, time data is used to: |
| | A) | Pay sales taxes on time |
| | B) | Bill customers for time worked on specific jobs |
| | C) | Record items and services purchased |
| | D) | Bill vendors for delivery time of items received |
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7 | |
Which one of the following cannot be tracked and billed to customer jobs in the Choose Billable Time and Costs Window? |
| | A) | Expenses |
| | B) | Items |
| | C) | Time |
| | D) | Payroll taxes |
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8 | |
Which one of the following is not a payroll liability? |
| | A) | Unemployment taxes |
| | B) | FICA taxes |
| | C) | Property taxes |
| | D) | State income taxes withheld |
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9 | |
An example of a Project Report is: |
| | A) | Time by Job |
| | B) | Customer & Receivables Aging Summary |
| | C) | Accounts Receivable Summary |
| | D) | Vendor Sales Summary |
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10 | |
To print the Payroll Summary report: |
| | A) | Open the Employee List window, select Reports, Reports on All Employees, and then Payroll |
| | B) | Vendor List window, Reports on All Workers, and then Payroll |
| | C) | Subcontractor List window, Reports on All Subcontractors, and then Payroll |
| | D) | Open the Report Generator window, select Payroll |
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