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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. Using just the ________ - you can move your company files to a new computer
shortcut key
shortcut key
reopened
restore utility
2. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
trial balance reports
employee and company activities
existing company
close an accounting period
3. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
Customer activities
view the Item List
shortcut key
Title Bar
4. ___________ in QuickBooks include payroll
shortcuts
Employee activities
new transaction
the Reports command on the COA
5. _______ QBP reports to Excel requires owning the Excel software
income statement
audit trail
Exporting
delete
6. You cannot restore a company using a _________
Save button
Trial Balance report
Save and Close icon
restore file.
7. _______ QBP reports to Excel requires owning the Excel software
Exporting
posted journal entries
back up
shortcuts
8. Adjusting journal entries are used to record: depreciation expense - or _____________
Modify
expired prepaid expense
gross profit
Save and Close icon
9. The account type "Other Current Liability" would be assigned to a ______ account
Exporting
Balance Sheet
Trial Balance report
Notes payable
10. Using the Lists menu will let you ___________
posted journal entries
view the Item List
restore file.
Title Bar
11. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
changing the sort order on the face of the report
Memorize
Notes payable
the vendors center
12. To view a journal entry go to: Reports>>___________>>Journal.
Accountant & Taxes
reopened
trial balance reports
exiting
13. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
unique
shortcuts
Accounts Payable
posting errors
14. QBP will let you ______ a posted journal entry to correct it
Name field
reopening
reopen
Vendor activities
15. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords
Vendor activities
Profit & Loss
checks and bill payments
reopening
16. _______ report is also known as the Income Statement
Profit & Loss
recording
exiting
Manual Accounting Procedures
17. In a journal entry - the __________ is used when a transaction affects a customer - affects a vendor - affects an inventory account.
Name field
Chart of Accoutns
Customer activities
trial balance
18. QBP will let you ______ a posted journal entry to correct it
reopen
the Reports command on the COA
printing
shortcuts
19. You can creat a journal entry from the _____________
monitor
monitor
closed month
Chart of Accoutns
20. You can open the Chart of Accounts window using a ________
chart of accounts
back up
close
shortcut key
21. To customize the General Ledger report - select: ________
reopening
Modify report
Vendors/Payables
Print
22. You can add new general ledger accounts using a button located at the top of the ______
saved
Title Bar
COA list
checks and bill payments
23. LINUX - MS Windows XP are examples of _______
operating software
shortcuts
existing company
shortcut key
24. In a manual accounting system - the ______________ was prepared before any other financial statement.
shortcuts
back up
Income Statement
the vendors center
25. Using the Lists menu will let you ___________
operating software
view the Item List
Home page icons
changing the sort order on the face of the report
26. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction
restore utility
recording
expired prepaid expense
income statement
27. You can open the Chart of Accounts window using a ________
audit trail
reports
shortcut key
exiting
28. You can identify the open company in QBP by looking at the: Main Menu - ________
manual accounting system
Trial Balance report
Title Bar
Chart of Accoutns
29. QBP Help can be accessed before ______ QBP
Chart of Accoutns
monitor
exiting
income statement
30. To save a modified report select: ________ and then name the report.
Memorize
customize
restore file.
reports
31. ________ are used to open frequently performed tasks.
delete
Preferences window
Home page icons
COA list
32. Adjustments are made at the end of the accounting period for items such as _________ prepaid insurance and prepaid rent or posting depreciation expense
view the Item List
expensing
posted journal entries
new transaction
33. The two tabs within the ___________ are My Preferences and Company Preferences.
Preferences window
financial amount
Title Bar
Notes payable
34. _____________ report shows a company's financial position
Title Bar
Balance Sheet
closed month
checks and bill payments
35. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
delete
manual accounting system
unique
monitor
36. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
Save and Close icon
existing company
Modify report
display the account balance for accounts payable
37. You cannot restore a company using a _________
close an accounting period
restore file.
Title Bar
Chart of Accoutns
38. Balance Sheet will not let you enter a range of __________
reporting dates
close
Title Bar
Modify
39. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________
Save button
Memorize
changing the sort order on the face of the report
Vendors/Payables
40. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
Vendors/Payables
Exporting
unique
new transaction
41. The __________ can be printed using the Reports and Lists menus
Name field
reporting category
delete
income statement
42. You cannot restore a company using a _________
restore file.
expired prepaid expense
restore utility
changing the sort order on the face of the report
43. Using just the ________ - you can move your company files to a new computer
restore utility
Name field
Save button
monitor
44. Journal entries are automatically posted to general ledger accounts when _______
Print
printing
monitor
saved
45. Balance Sheet will not let you enter a range of __________
T-accounts
chart of accounts
reporting dates
delete
46. To customize the General Ledger report - select: ________
financial amount
Modify report
audit trail
Post Ref columns
47. Journal entries are automatically posted to general ledger accounts when _______
Chart of Accoutns
saved
Name field
Chart of Accoutns
48. Icons on the Icon Bar are _______ to frequently used tasks and reports.
shortcuts
Customer activities
checks and bill payments
cascade open windows
49. You must _______ a company before exiting QBP
close
cascade open windows
recording
trial balance reports
50. The ________ on a journal entry does not post the transaction
Save button
Trial Balance report
posted journal entries
Modify report