Test Bank Ch16 QuickBooks Desktop Versus QuickBooks Online

Computer Accounting with QuickBooks 2019, 19e (Kay)

Chapter 16 QuickBooks Desktop Versus QuickBooks Online

1) Which of the following accountant versions can be used with QuickBooks Online?

A) QuickBooks Desktop Accountant

B) QuickBooks Pro Accountant

C) QuickBooks Online Accountant

D) QuickBooks Enterprise Accountant

Difficulty: 1 Easy

Learning Objective: 16-04 What Are My QuickBooks Accountant Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

2) Which of the following accountant versions can be used with QuickBooks Desktop?

A) QuickBooks Desktop Accountant

B) QuickBooks Pro Accountant

C) QuickBooks Online Accountant

D) QuickBooks Enterprise Accountant

Difficulty: 1 Easy

Learning Objective: 16-04 What Are My QuickBooks Accountant Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

3) Which one of the following QuickBooks versions changes on an ongoing basis with changes rolled out throughout the year?

A) QuickBooks Desktop

B) QuickBooks Pro

C) QuickBooks Online

D) QuickBooks Enterprise

Difficulty: 2 Medium

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

4) Which one of the following Accountant versions changes on an ongoing basis with changes rolled out throughout the year?

A) QuickBooks Desktop Accountant

B) QuickBooks Pro Accountant

C) QuickBooks Online Accountant

D) QuickBooks Enterprise Accountant

Difficulty: 2 Medium

Learning Objective: 16-04 What Are My QuickBooks Accountant Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

5) Which one of the following QuickBooks versions are issued new once a year?

A) QuickBooks Online

B) QuickBooks Online Accountant

C) QuickBooks Online Plus

D) QuickBooks Desktop

Difficulty: 2 Medium

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

6) Accountants often provide financial services to multiple clients. Which two of the following are QuickBooks options for clients?

A) QuickBooks Online Accountant

B) QuickBooks Desktop Accountant

C) QuickBooks Pro

D) QuickBooks Enterprise

Difficulty: 1 Easy

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

7) Accountants often provide financial services to multiple clients. Which two of the following are QuickBooks options for clients?

A) QuickBooks Pro

B) QuickBooks Premier

C) QuickBooks Online Accountant

D) QuickBooks Desktop Accountant

Difficulty: 1 Easy

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

8) Advantages of using QuickBooks Desktop versus QuickBooks Online include the following:

A) Anytime, anywhere access through a browser

B) Additional features, functionality, and versions for specific industries

C) Ability for accountant to access client QuickBooks using a browser

D) None of the choices are correct

Difficulty: 2 Medium

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

9) Advantages of using QuickBooks Online versus QuickBooks Desktop include the following:

A) Anytime, anywhere access through a browser

B) Additional features, functionality, and versions for specific industries

C) User control over backups and access to backup data files

D) None of the choices are correct

Difficulty: 2 Medium

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

10) Which of the following QuickBooks is designed for mid-size companies:

A) QuickBooks Online

B) QuickBooks Pro

C) QuickBooks Premier

D) QuickBooks Enterprise

Difficulty: 1 Easy

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: automatic

11) Briefly describe a process that accountants can use to assist clients in moving from one QuickBooks Desktop version to the new version with minimal disruption to accountant and client business processes.

If clients start moving to the new edition as soon as it is released, clients may encounter unexpected issues that the accounting firm has not had time to thoroughly investigate and resolve. Some firms even provide training for clients as they transition them to the new version, summarizing differences and new features to proactively prepare clients for what to expect. This can minimize client errors in working with the new version and save the firm from unexpected disruptions and surprises.

Difficulty: 2 Medium

Learning Objective: 16-02 How Can Our Accounting Firm Streamline Our QuickBooks Consulting?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: manual

12) Briefly describe which version of QuickBooks an accountant must use based on the version of QuickBooks the client is using.

Difficulty: 2 Medium

Learning Objective: 16-04 What Are My QuickBooks Accountant Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: manual

13) Compare and contrast the difference between using a QuickBooks software download versus a QuickBooks subscription.

Subscription. Instead of purchasing QuickBooks software, the user can choose to pay a monthly subscription fee to use the software. The QuickBooks software is still downloaded to the desktop computer or laptop, but when the user decides to stop paying the monthly fee, the user's access to the QuickBooks software is blocked.

Difficulty: 2 Medium

Learning Objective: 16-03 What Are My QuickBooks User Options?

Accessibility: Keyboard Navigation; Screen Reader Compatible

Gradable: manual