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. You can creat a journal entry from the _____________






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 add new general ledger accounts using a button located at the top of the ______






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






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






6. You cannot restore a company using a _________






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






8. _____________ report shows a company's financial position






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






10. You must _______ a company before exiting QBP






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






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






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






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






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






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






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






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






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






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






21. The Report Center contains a _______ named Budgets.






22. The Report Center contains a _______ named Budgets.






23. You can _______ reports shown on the Report Center






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






25. The General Ledger report displays General Journal and the entry number as the _______ of a posted journal entry






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






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






28. You cannot restore a company using a _________






29. _______ report is also known as the Income Statement






30. The __________ can be printed using the Reports and Lists menus






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






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






33. The steps to _________ financial statements begin with: Reports>>Company & Financial.






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






35. To access ______ from the Main Menu select Reports






36. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________






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






38. QBP will let you ______ a posted journal entry






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






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






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






42. _______ report is also known as the Income Statement






43. QBP will let you ______ a posted journal entry






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






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






46. QBP Help can be accessed before ______ QBP






47. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors






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






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






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