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 reports to Excel requires owning the Excel software






2. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.






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






4. You cannot restore a company using a _________






5. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N






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






7. You can creat a journal entry from the _____________






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






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






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






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






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






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






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






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






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






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






18. You can creat a journal entry from the _____________






19. ________ are used to open frequently performed tasks.






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






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






22. ________ are used to open frequently performed tasks.






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






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






25. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction






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






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






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






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






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






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






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






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






34. You cannot restore a company using a _________






35. LINUX - MS Windows XP are examples of _______






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






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






38. To access ______ from the Main Menu select Reports






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






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






41. _______ report is also known as the Income Statement






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






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






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






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






46. ___________ is not an asset






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






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






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






50. _____________ report shows a company's financial position