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10 questions
The demo company in Xero HQ lets you try out Xero’s features, and show them to a potential client. Which tab do you use to find the demo company?
Explorer
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Practice
Client
The client list in Xero HQ helps you manage your clients more effectively. How can you customise the client list to see which clients need your attention?
Show their email addresses
Show their industry classification
Show their unreconciled items
Show their business structure
Following best practice security for your Xero account means more than having a strong password. How does Xero apply multi-factor authentication (MFA) to your account?
An authenticator app
A secure internet connection
My learning in Xero Central
Your Xero certification
Invoice numbers must begin at 1
True
False
What must you do before you can pay a bill using an account that is not a bank account?
You can't record payments against a non-bank account
Click "Enable payments" for that account
Adjust the bill payment option in Financial Settings
What is the minimum information required to create a Contact?
Contact Name
Email Address
Contact Number
First and Last Name
What information does Xero use to match items on the reconcile screen?
Amount, Contact, Due Date, Reference
Amount, Reference
Amount, Closest Due Date, Reference
Amount, Contact, Reference
What is the difference between the two lock dates?
One lock date locks all users except Advisors, and the other locks all users including Advisors
One lock date locks all changes, whereas the other lock date locks all changes except Bank Reconciliation
One lock date locks all changes, whereas the other lock date locks all changes
There is only one lock date
If the conversion date is 1 July then the closing balances at what date will need to be entered into the conversion balances?
1 July
30 June
31 December
Whichever date is the financial year end
What is the difference between the left and right transactions in the reconcile screen?
Bank account transactions are on the left, bank statement lines are on the right
Bank statement lines are on the left, bank account transactions are on the right
Bank statement lines and bank account transactions are on the left
Bank statement lines and bank account transactions are on the right
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