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. Icons on the Icon Bar are _______ to frequently used tasks and reports.






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






3. You must _______ a company before exiting QBP






4. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction






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






6. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements






7. One method of opening an ________- is to select File>>Open or Restore Company.






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






9. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________






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






11. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.






12. _______ report is also known as the Income Statement






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






14. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.






15. You must _______ a company before exiting QBP






16. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.






17. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu






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






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






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






21. ___________ in QuickBooks include payroll






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






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






24. You can _______ reports shown on the Report Center






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






26. Report Filters are set by using the ___button






27. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.






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






29. Using the Lists menu will let you ___________






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






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






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






33. You cannot restore a company using a _________






34. ___________ is not an asset






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






36. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu






37. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________






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






39. The steps to _________ financial statements begin with: Reports>>Company & Financial.






40. You can _______ reports shown on the Report Center






41. ________ are not liabilities






42. Financial statements include all the following EXCEPT ________






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






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






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






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






47. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords






48. Icons on the Icon Bar are _______ to frequently used tasks and reports.






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






50. In a manual accounting system - a journal entry would consist of the date entered - the description - the debit and credit accounts - and the _________ where the account numbers are used as part of the audit trail.