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. To access ______ from the Main Menu select Reports






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






3. _____________ report shows a company's financial position






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






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






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






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






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






9. Window menu is used to: select an open window - tile open windows - or _______






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






11. _______ report is also known as the Income Statement






12. The Report Center contains a _______ named Budgets.






13. LINUX - MS Windows XP are examples of _______






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






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






16. LINUX - MS Windows XP are examples of _______






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






18. QBP Help can be accessed before ______ QBP






19. QBP Help can be accessed before ______ QBP






20. ________ are not liabilities






21. _____________ report shows a company's financial position






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






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






24. You can print a General Ledger report using: Reports>>Accountants & Taxes>>General Ledger on the main menu - or ______________






25. You must _______ a company before exiting QBP






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






27. ________ are used to open frequently performed tasks.






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






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






30. Financial statements include all the following EXCEPT ________






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






32. _______ QBP reports to Excel requires owning the Excel software






33. You must _______ a company before exiting QBP






34. To view a journal entry go to: Reports>>___________>>Journal.






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






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






37. In a __________________ - proving that the trial balance "balanced" was critical because this step formed the basis for preparing financial statements.






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






39. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu






40. You can creat a journal entry from the _____________






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






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






43. QBP will let you ______ a posted journal entry






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






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






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






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






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






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






50. QBP Help can be accessed before ______ QBP