QB Online Payroll Answer Key Sec 2

Section 2 - You scored: 100%
Question 1: Which 3 should be entered in the Tax withholding section of the Employee
details screen?
• Details of any exemptions

• The clients Employer Identification Number (EIN)
• The amount the employees been paid that year
• The employees W-4 details
• State withholding tax based on location
Question2: Which 2 of these statements are true about how clients can invite
employees to QuickBooks Workforce?
• They can invite existing employees in bulk by sharing the QUickBooks Workforce
company ID number with them
• Any employee who has been with the company for 12 months is automatically invited
• They can invite existing employees in bulk from the Invite to Workforce button in
the Payroll center
• They can invite the employee when entering their details in the Payroll center
Question 3: Your client created a paycheck by mistake. The check has not yet been
processed through the bank. What's the best way to delete the paycheck?
• Select Paycheck list from the Employee details screen and choose Archive from the
Action column of the row showing the paycheck
• Select Paycheck list from the Employee details screen and choose Delete from the
Action column of the row showing the paycheck
• Select Change the pay period from the Run Payroll screen and select Delete next to the
paycheck
• Select Paycheck list from the Run Payroll screen and select Delete next to the paycheck
Question 4: On which report can you view payroll tax liabilities, payments made, and
amounts still owed?
• The Payroll Tax Payments report

• The Payroll /billing Summary report
• The Payroll Tax Liability report
• The Payroll Details report
Question 5: Which 2 payroll reports show employee-adjusted gross wages for a specific
paycheck?
• The Payroll Summary by Employee report

• The Total Payroll Cost report
• The Total Pay report
• The Payroll Summary report
• The Payroll Details report
Question 6: Which 3 of these statements are true about using QuickBooks Online to
determine profitability within a business?
• Projects are typically used for analyzing the profitability of external projects
• Class tracking is typically used to determine the profitability of internal departments

or lines of business
• Employees can be assigned to multiple classes

• An employee can only be assigned to a single class
• Payroll costs can be seen in projects prior to processing payroll
Question 7: How can a business configure employee wages to post to separate

accounts?
• By selecting Pay type when adding a new employee in the Payroll center
• There is no option to have wages post to separate accounts for different employees
• By configuring the Accounting settings in the Company menu of Account and Settings
• By configuring the Wage expenses settings in the Accounting Preferences section of
the Payroll settings screen
Question 8: Which 2 statements are true about a terminated employees last paycheck?
• It must always be issued at the time of termination

• It must only include payments for unused vacation or sick leave in certain states if
required and/or if there's an agreement in place
• It must only include any outstanding payments in certain states and/or if there's an
agreement in place
• It must always include payments for unused vacation or sick leave
• It must only be issued at the time of termination in certain states if required
Question 9: Which time-off policy is prohibited in certain states?
• The frontloading time off method whereby employees can access the full amount of their
time off from the beginning of the year
• The use-it-or-lose-it policy whereby employees lose any unused time off
• The option to allow employees to carry their unused time off from one year to the next
• The approach to set up time off categories, such as vacation, sick days, and allocate a
certain number of time off allowance for each category
Question 10: What 2 pieces of information do you need to enter to change the state
unemployment rates in QuickBooks Online Payroll?
• The tax identification number

• The name of the payroll manager
• The new rate as a dollar amount
• The effective date
• The new rate as a percentage
Other Questions.
Question 3: In which scenario would an employer void a paycheck?
• An employer mistakenly created an incorrect paycheck before payroll had been approved
• An employer created a duplicate paycheck before payroll had been processed
• An employee notified the employer that the employee taxes and deductions weren't
accurate on their paycheck stub
• An employer created a pro forma paycheck enabling the employee to see their projected
net pay
Question 6: Which 2 QuickBooks Online subscription levels provide access to Class

tracking and the Project feature for tracking profitability?
• QuickBooks Online Advanced

• QuickBooks Online Plus
• QuickBooks Online Simple Start
• QuickBooks Online Essentials

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Section 2 - You scored: 100%

• Details of any exemptions

• The Payroll Tax Payments report

• The Payroll Summary by Employee report

• Class tracking is typically used to determine the profitability of internal departments

• Employees can be assigned to multiple classes

• Payroll costs can be seen in projects prior to processing payroll

Question 7: How can a business configure employee wages to post to separate

• It must always be issued at the time of termination

Question 9: Which time-off policy is prohibited in certain states?

• The tax identification number

Question 3: In which scenario would an employer void a paycheck?

Question 6: Which 2 QuickBooks Online subscription levels provide access to Class

• QuickBooks Online Advanced

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