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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. LINUX - MS Windows XP are examples of _______
trial balance reports
Notes payable
restore utility
operating software
2. The Report Center contains a _______ named Budgets.
COA list
reporting category
Trial Balance report
shortcuts
3. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
restore utility
Customer activities
Vendor activities
Balance Sheet
4. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
Notes payable
Memorize
close an accounting period
printing
5. Adjusting journal entries are used to record: depreciation expense - or _____________
closed month
Save button
expired prepaid expense
Exporting
6. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.
T-accounts
Post Ref columns
shortcuts
Vendor activities
7. You can print a General Ledger report using: Reports>>Accountants & Taxes>>General Ledger on the main menu - or ______________
the Reports command on the COA
Save button
display the account balance for accounts payable
chart of accounts
8. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
Print
Manual Accounting Procedures
restore file.
trial balance
9. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction
manual accounting system
recording
shortcuts
Banking
10. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
Customer activities
close an accounting period
COA list
verify balances
11. Journal entries are automatically posted to general ledger accounts when _______
Notes payable
Save button
General Ledger
saved
12. QBP will let you ______ a posted journal entry
Profit & Loss
Title Bar
delete
income statement
13. In the Report center - to view the report that shows _______ by customer without displaying transactions - select Income by Customer Summary.
gross profit
COA list
delete
cascade open windows
14. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________
exiting
expired prepaid expense
expensing
changing the sort order on the face of the report
15. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
Banking
Trial Balance report
posted journal entries
Print
16. The Unpaid Bill Detail report is found under the ________ category of the Report Center
restore utility
employee and company activities
Vendors/Payables
reopen
17. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
operating software
employee and company activities
Print
audit trail
18. Report Filters are set by using the ___button
view the Item List
Vendor activities
Modify
unique
19. You cannot view __________ by selecting "Company>>Journal" on the main menu
restore utility
posted journal entries
expired prepaid expense
trial balance reports
20. To access ______ from the Main Menu select Reports
Print
the vendors center
Print
reports
21. You can identify the open company in QBP by looking at the: Main Menu - ________
Vendor activities
Title Bar
T-accounts
existing company
22. Balance Sheet will not let you enter a range of __________
Customer activities
printing
shortcuts
reporting dates
23. ________ are used to open frequently performed tasks.
Modify report
Home page icons
Customer activities
Title Bar
24. You can identify the open company in QBP by looking at the: Main Menu - ________
close
Title Bar
Modify
recording
25. The two tabs within the ___________ are My Preferences and Company Preferences.
General Ledger
delete
Preferences window
chart of accounts
26. You cannot restore a company using a _________
Home page icons
restore file.
Chart of Accoutns
Income Statement
27. QBP preference options control whether or not a decimal point will be required when entering a ___________
financial amount
reporting dates
the vendors center
restore file.
28. The __________ can be printed using the Reports and Lists menus
reporting dates
income statement
Fixed assets
audit trail
29. QBP will let you ______ a posted journal entry to correct it
Accounts Payable
display the account balance for accounts payable
reopen
financial amount
30. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
Notes payable
expired prepaid expense
unique
Chart of Accoutns
31. You should always _______ a company's data file before closing an accounting period
audit trail
Employee activities
Title Bar
back up
32. The __________ can be printed using the Reports and Lists menus
financial amount
closed month
income statement
shortcuts
33. You can _______ reports shown on the Report Center
Save button
Modify Report
customize
expired prepaid expense
34. After opening a report - you can modify it by clicking _______
Modify Report
Save button
COA list
Profit & Loss
35. In a manual accounting system - the ______________ was prepared before any other financial statement.
customize
Income Statement
close
display the account balance for accounts payable
36. By _________ a General Journal entry you are able to - change it - delete it - void it
reopening
existing company
Vendors/Payables
exiting
37. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
gross profit
Print
exiting
Balance Sheet
38. _______ report is also known as the Income Statement
Profit & Loss
exiting
reopen
Home page icons
39. You must _______ a company before exiting QBP
close
expensing
Customer activities
Exporting
40. You should always _______ a company's data file before closing an accounting period
back up
close an accounting period
Modify report
General Ledger
41. You must _______ a company before exiting QBP
T-accounts
the Reports command on the COA
Vendors/Payables
close
42. You can creat a journal entry from the _____________
Chart of Accoutns
the vendors center
Customer activities
expired prepaid expense
43. Using the Lists menu will let you ___________
new transaction
reporting category
cascade open windows
view the Item List
44. Journal entries are automatically posted to general ledger accounts when _______
COA list
saved
exiting
close
45. You cannot restore a company using a _________
posting errors
Title Bar
restore file.
view the Item List
46. Adjusting journal entries are used to record: depreciation expense - or _____________
Modify report
expired prepaid expense
manual accounting system
restore utility
47. You can _______ reports shown on the Report Center
Fixed assets
customize
close
the Reports command on the COA
48. The ________ on a journal entry does not post the transaction
Banking
Save button
audit trail
checks and bill payments
49. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
the vendors center
COA list
Print
operating software
50. Icons on the Icon Bar are _______ to frequently used tasks and reports.
shortcuts
Employee activities
posted journal entries
Customer activities