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Test your basic knowledge |
Quickbooks Pro Accounting
Start Test
Study First
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. To save a modified report select: ________ and then name the report.
Memorize
checks and bill payments
Chart of Accoutns
posted journal entries
2. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
restore utility
Trial Balance report
reopened
Balance Sheet
3. ________ are used to open frequently performed tasks.
Home page icons
view the Item List
Title Bar
gross profit
4. To access ______ from the Main Menu select Reports
reports
monitor
Exporting
Notes payable
5. In a manual accounting system - the ______________ was prepared before any other financial statement.
Income Statement
closed month
audit trail
Exporting
6. Journal entries are automatically posted to general ledger accounts when _______
saved
reporting category
checks and bill payments
Modify report
7. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
Trial Balance report
Employee activities
financial amount
display the account balance for accounts payable
8. In a __________________ - proving that the trial balance "balanced" was critical because this step formed the basis for preparing financial statements.
reports
manual accounting system
saved
close
9. You can print a General Ledger report using: Reports>>Accountants & Taxes>>General Ledger on the main menu - or ______________
new transaction
Profit & Loss
Modify
the Reports command on the COA
10. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________
Manual Accounting Procedures
Balance Sheet
changing the sort order on the face of the report
posted journal entries
11. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction
audit trail
recording
exiting
Vendors/Payables
12. This report will list the details of transactions by account
Balance Sheet
cascade open windows
General Ledger
income statement
13. ________ are not liabilities
Modify Report
Chart of Accoutns
Fixed assets
reporting dates
14. You can identify the open company in QBP by looking at the: Main Menu - ________
Title Bar
monitor
Profit & Loss
T-accounts
15. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits
trial balance
Modify Report
verify balances
Employee activities
16. To view a journal entry go to: Reports>>___________>>Journal.
close
Accountant & Taxes
back up
Modify
17. The General Ledger report displays General Journal and the entry number as the _______ of a posted journal entry
Save button
printing
shortcut key
audit trail
18. You can creat a journal entry from the _____________
Vendor activities
checks and bill payments
reporting category
Chart of Accoutns
19. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
COA list
Exporting
close an accounting period
posting errors
20. The account type "Other Current Liability" would be assigned to a ______ account
Banking
Employee activities
Notes payable
the vendors center
21. QBP will let you post a transaction to a ________ ater a warning
restore utility
closed month
restore utility
Customer activities
22. ___________ in QuickBooks include payroll
audit trail
back up
Modify
Employee activities
23. Adjusting journal entries are used to record: depreciation expense - or _____________
expired prepaid expense
Print
Modify report
Accounts Payable
24. You can add new general ledger accounts using a button located at the top of the ______
Print
COA list
Vendors/Payables
Trial Balance report
25. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
unique
reopen
Title Bar
Modify report
26. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
trial balance reports
Customer activities
display the account balance for accounts payable
Memorize
27. Window menu is used to: select an open window - tile open windows - or _______
cascade open windows
restore utility
Chart of Accoutns
COA list
28. You can _______ reports shown on the Report Center
expensing
Income Statement
customize
employee and company activities
29. The _______ cannot be opened under the List icon.
chart of accounts
operating software
financial amount
Manual Accounting Procedures
30. In the Report center - to view the report that shows _______ by customer without displaying transactions - select Income by Customer Summary.
posted journal entries
Notes payable
General Ledger
gross profit
31. ___________ in QuickBooks include payroll
employee and company activities
Employee activities
Memorize
Manual Accounting Procedures
32. The area on the desktop that displays the name of the open company is the ________
close
Modify report
Title Bar
General Ledger
33. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
operating software
Chart of Accoutns
Banking
Modify report
34. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.
close an accounting period
T-accounts
employee and company activities
new transaction
35. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
saved
the vendors center
back up
closed month
36. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
Vendor activities
Exporting
changing the sort order on the face of the report
Post Ref columns
37. Window menu is used to: select an open window - tile open windows - or _______
reporting category
cascade open windows
shortcuts
Home page icons
38. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
exiting
reporting dates
monitor
printing
39. The general ledger and _____ do not contain the same information
monitor
expired prepaid expense
trial balance reports
close
40. QBP Help can be accessed before ______ QBP
Title Bar
Home page icons
exiting
reporting dates
41. Using the Lists menu will let you ___________
view the Item List
close
Modify report
operating software
42. QBP preference options control whether or not a decimal point will be required when entering a ___________
financial amount
Memorize
Customer activities
Save and Close icon
43. You cannot view __________ by selecting "Company>>Journal" on the main menu
posted journal entries
operating software
COA list
changing the sort order on the face of the report
44. Report Filters are set by using the ___button
restore file.
Chart of Accoutns
Modify
customize
45. The Unpaid Bill Detail report is found under the ________ category of the Report Center
new transaction
customize
closed month
Vendors/Payables
46. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
Print
close
Name field
audit trail
47. Using the Lists menu will let you ___________
view the Item List
shortcuts
back up
manual accounting system
48. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords
posting errors
posted journal entries
checks and bill payments
reporting dates
49. You cannot view __________ by selecting "Company>>Journal" on the main menu
posted journal entries
employee and company activities
Compound Journal Entries
view the Item List
50. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
unique
expensing
cascade open windows
printing