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. You can creat a journal entry from the _____________






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






3. You cannot restore a company using a _________






4. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________






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






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






7. You cannot restore a company using a _________






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






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






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






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






12. Using the Lists menu will let you ___________






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






14. You must _______ a company before exiting QBP






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






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






17. You can _______ reports shown on the Report Center






18. You must _______ a company before exiting QBP






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






20. ___________ in QuickBooks include payroll






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






22. QBP will let you ______ a posted journal entry






23. 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.






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






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






26. You must _______ a company before exiting QBP






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






28. To view a journal entry go to: Reports>>___________>>Journal.






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






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






31. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.






32. _____________ report shows a company's financial position






33. Report Filters are set by using the ___button






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






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






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






37. _______ report is also known as the Income Statement






38. QBP Help can be accessed before ______ QBP






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






40. To access ______ from the Main Menu select Reports






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






42. Using just the ________ - you can move your company files to a new computer






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






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






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






46. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu






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






48. _____________ report shows a company's financial position






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






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