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






2. ________ are not liabilities






3. 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.






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






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






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






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






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






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






10. ________ are used to open frequently performed tasks.






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






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






13. You should always _______ a company's data file before closing an accounting period






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






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






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






17. In a journal entry - the __________ is used when a transaction affects a customer - affects a vendor - affects an inventory account.






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






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






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






21. You can creat a journal entry from the _____________






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






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






24. ___________ is not an asset






25. Balance Sheet will not let you enter a range of __________






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






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






28. The two tabs within the ___________ are My Preferences and Company Preferences.






29. QBP Help can be accessed before ______ QBP






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






31. Using the Lists menu will let you ___________






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






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






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






35. The area on the desktop that displays the name of the open company is the ________






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






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






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






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






40. You can creat a journal entry from the _____________






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






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






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






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






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






46. Using the Lists menu will let you ___________






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






48. ___________ in QuickBooks include payroll






49. Financial statements include all the following EXCEPT ________






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