Test your basic knowledge |

Quickbooks Pro Accounting

Subject : it-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.






2. The __________ can be printed using the Reports and Lists menus






3. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________






4. Journal entries are automatically posted to general ledger accounts when _______






5. QBP will let you post a transaction to a ________ ater a warning






6. Adjusting journal entries are used to record: depreciation expense - or _____________






7. Adjustments are made at the end of the accounting period for items such as _________ prepaid insurance and prepaid rent or posting depreciation expense






8. In a __________________ - proving that the trial balance "balanced" was critical because this step formed the basis for preparing financial statements.






9. You can identify the open company in QBP by looking at the: Main Menu - ________






10. QBP will let you ______ a posted journal entry






11. QBP preference options control whether or not a decimal point will be required when entering a ___________






12. Window menu is used to: select an open window - tile open windows - or _______






13. To access ______ from the Main Menu select Reports






14. The Unpaid Bill Detail report is found under the ________ category of the Report Center






15. You can add new general ledger accounts using a button located at the top of the ______






16. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.






17. LINUX - MS Windows XP are examples of _______






18. QBP Help can be accessed before ______ QBP






19. The _______ cannot be opened under the List icon.






20. You cannot restore a company using a _________






21. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.






22. You can add new general ledger accounts using a button located at the top of the ______






23. You can open the Chart of Accounts window using a ________






24. After opening a report - you can modify it by clicking _______






25. The ________ on a journal entry does not post the transaction






26. You can print a General Ledger report using: Reports>>Accountants & Taxes>>General Ledger on the main menu - or ______________






27. The general ledger and _____ do not contain the same information






28. In a manual accounting system - the ______________ was prepared before any other financial statement.






29. The Report Center contains a _______ named Budgets.






30. LINUX - MS Windows XP are examples of _______






31. ___________ is not an asset






32. _______ report is also known as the Income Statement






33. To customize the General Ledger report - select: ________






34. QBP Help can be accessed before ______ QBP






35. _______ QBP reports to Excel requires owning the Excel software






36. ___________ in QuickBooks include payroll






37. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors






38. QBP will let you ______ a posted journal entry to correct it






39. To save a modified report select: ________ and then name the report.






40. When recording a journal entry - the ___________ saves the current transaction and exits the transaction window






41. You cannot view __________ by selecting "Company>>Journal" on the main menu






42. _______ QBP reports to Excel requires owning the Excel software






43. This report will list the details of transactions by account






44. The General Ledger report displays General Journal and the entry number as the _______ of a posted journal entry






45. General journal entries that affect more than two accounts are called __________






46. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits






47. ___________ in QuickBooks include payroll






48. Report Filters are set by using the ___button






49. QBP will let you drilldown on the _________ to view transactions in an account






50. The __________ can be printed using the Reports and Lists menus