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 ______ a posted journal entry to correct it






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






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






4. MAPS stands for: _______________ and not Manual Accounting Processes






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






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






7. The Report Center contains a _______ named Budgets.






8. _______ report is also known as the Income Statement






9. Financial statements include all the following EXCEPT ________






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






11. The account type "Other Current Liability" would be assigned to a ______ account






12. You can creat a journal entry from the _____________






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






14. ________ are not liabilities






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






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






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






18. You cannot restore a company using a _________






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






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






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






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






23. To access ______ from the Main Menu select Reports






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






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






26. QBP will let you ______ a posted journal entry






27. LINUX - MS Windows XP are examples of _______






28. Using the Lists menu will let you ___________






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






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






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






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






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






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






35. _____________ report shows a company's financial position






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






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






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






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






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






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






42. You must _______ a company before exiting QBP






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






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






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






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






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






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






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






50. QBP Help can be accessed before ______ QBP