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






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






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






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






5. In the Report center - to view the report that shows _______ by customer without displaying transactions - select Income by Customer Summary.






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






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






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






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






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






11. You cannot restore a company using a _________






12. LINUX - MS Windows XP are examples of _______






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






14. ________ are not liabilities






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






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






17. ________ are used to open frequently performed tasks.






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






19. You can creat a journal entry from the _____________






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






21. You must _______ a company before exiting QBP






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






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






24. To access ______ from the Main Menu select Reports






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






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






27. You can _______ reports shown on the Report Center






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






29. _____________ report shows a company's financial position






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






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






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






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






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






35. Report Filters are set by using the ___button






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






37. Using the Lists menu will let you ___________






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






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






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






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






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






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






44. You cannot restore a company using a _________






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






46. _______ report is also known as the Income Statement






47. ________ are used to open frequently performed tasks.






48. You cannot view __________ by selecting "Company>>Journal" on the main menu






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






50. General journal entries that affect more than two accounts are called __________