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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. By _________ a General Journal entry you are able to - change it - delete it - void it
saved
reopening
financial amount
reporting category
2. Icons on the Icon Bar are _______ to frequently used tasks and reports.
unique
Notes payable
posted journal entries
shortcuts
3. Adjusting journal entries are used to record: depreciation expense - or _____________
expired prepaid expense
Save and Close icon
Compound Journal Entries
monitor
4. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
restore file.
close
close
reopened
5. QBP preference options control whether or not a decimal point will be required when entering a ___________
reopen
income statement
financial amount
Accounts Payable
6. Adjusting journal entries are used to record: depreciation expense - or _____________
employee and company activities
Trial Balance report
expired prepaid expense
Employee activities
7. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.
monitor
employee and company activities
Trial Balance report
posting errors
8. This report will list the details of transactions by account
General Ledger
trial balance reports
Modify Report
COA list
9. You can add new general ledger accounts using a button located at the top of the ______
saved
COA list
reporting category
Print
10. When recording a journal entry - the ___________ saves the current transaction and exits the transaction window
Save and Close icon
Print
Balance Sheet
Trial Balance report
11. The ________ on a journal entry does not post the transaction
Save button
Preferences window
view the Item List
Print
12. LINUX - MS Windows XP are examples of _______
saved
operating software
COA list
Title Bar
13. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.
customize
Modify report
display the account balance for accounts payable
audit trail
14. You must _______ a company before exiting QBP
General Ledger
close
the vendors center
chart of accounts
15. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
Memorize
Title Bar
General Ledger
the vendors center
16. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
close
unique
changing the sort order on the face of the report
monitor
17. The __________ can be printed using the Reports and Lists menus
Trial Balance report
Vendor activities
Compound Journal Entries
income statement
18. QBP will let you drilldown on the _________ to view transactions in an account
Trial Balance report
chart of accounts
restore file.
cascade open windows
19. MAPS stands for: _______________ and not Manual Accounting Processes
existing company
Manual Accounting Procedures
unique
shortcut key
20. The Report Center contains a _______ named Budgets.
reporting category
exiting
posted journal entries
Vendors/Payables
21. ___________ is not an asset
expensing
Accounts Payable
saved
reporting category
22. QBP Help can be accessed before ______ QBP
verify balances
Notes payable
exiting
close
23. The Unpaid Bill Detail report is found under the ________ category of the Report Center
reports
Income Statement
Vendors/Payables
Save button
24. Adjustments are made at the end of the accounting period for items such as _________ prepaid insurance and prepaid rent or posting depreciation expense
chart of accounts
expensing
Trial Balance report
reopen
25. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.
COA list
T-accounts
operating software
shortcuts
26. ________ are not liabilities
shortcuts
Save button
Fixed assets
reopened
27. LINUX - MS Windows XP are examples of _______
reporting dates
Banking
posting errors
operating software
28. One method of opening an ________- is to select File>>Open or Restore Company.
COA list
Employee activities
existing company
Notes payable
29. The General Ledger report displays General Journal and the entry number as the _______ of a posted journal entry
close an accounting period
shortcut key
audit trail
reopening
30. ________ are used to open frequently performed tasks.
printing
the vendors center
Home page icons
Save button
31. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________
Title Bar
changing the sort order on the face of the report
audit trail
income statement
32. Balance Sheet will not let you enter a range of __________
Employee activities
Manual Accounting Procedures
Accountant & Taxes
reporting dates
33. ___________ in QuickBooks include payroll
reports
audit trail
Employee activities
gross profit
34. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
operating software
close an accounting period
Title Bar
employee and company activities
35. The General Ledger report displays General Journal and the entry number as the _______ of a posted journal entry
audit trail
Vendor activities
reports
Chart of Accoutns
36. Using the Lists menu will let you ___________
audit trail
unique
Modify
view the Item List
37. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
employee and company activities
delete
Manual Accounting Procedures
restore utility
38. You can _______ reports shown on the Report Center
income statement
customize
Trial Balance report
Exporting
39. Using just the ________ - you can move your company files to a new computer
restore utility
saved
posting errors
Preferences window
40. The account type "Other Current Liability" would be assigned to a ______ account
Notes payable
recording
income statement
restore file.
41. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
Save button
employee and company activities
exiting
Print
42. The Unpaid Bill Detail report is found under the ________ category of the Report Center
shortcut key
saved
trial balance
Vendors/Payables
43. QBP will let you drilldown on the _________ to view transactions in an account
operating software
Save and Close icon
shortcut key
Trial Balance report
44. You can add new general ledger accounts using a button located at the top of the ______
COA list
the Reports command on the COA
T-accounts
saved
45. To customize the General Ledger report - select: ________
delete
reporting category
changing the sort order on the face of the report
Modify report
46. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
checks and bill payments
the vendors center
Vendor activities
Banking
47. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction
recording
Balance Sheet
close
changing the sort order on the face of the report
48. The area on the desktop that displays the name of the open company is the ________
Title Bar
Modify report
financial amount
Exporting
49. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
Trial Balance report
Vendor activities
customize
reports
50. You can open the Chart of Accounts window using a ________
financial amount
monitor
shortcut key
exiting