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 drilldown on the _________ to view transactions in an account






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






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






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






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






6. LINUX - MS Windows XP are examples of _______






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






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






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






10. ________ are used to open frequently performed tasks.






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






12. You must _______ a company before exiting QBP






13. QBP will let you ______ a posted journal entry






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






15. Report Filters are set by using the ___button






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






17. 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.






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






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






20. ________ are used to open frequently performed tasks.






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






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






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






24. QBP Help can be accessed before ______ QBP






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






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






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






28. _______ report is also known as the Income Statement






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






30. ________ are not liabilities






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






32. You cannot restore a company using a _________






33. You must _______ a company before exiting QBP






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






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






36. You can creat a journal entry from the _____________






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






38. LINUX - MS Windows XP are examples of _______






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






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






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






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






43. Report Filters are set by using the ___button






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






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






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






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






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






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






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