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






2. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu






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






4. QBP Help can be accessed before ______ QBP






5. You must _______ a company before exiting QBP






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






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






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






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






10. ___________ in QuickBooks include payroll






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






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






13. LINUX - MS Windows XP are examples of _______






14. ________ are used to open frequently performed tasks.






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






16. The Unpaid Bill Detail report is found under the ________ category of the Report Center






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






18. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.






19. _______ report is also known as the Income Statement






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






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






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






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






24. In a manual accounting system - a journal entry would consist of the date entered - the description - the debit and credit accounts - and the _________ where the account numbers are used as part of the audit trail.






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






26. _______ report is also known as the Income Statement






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






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






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






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






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






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






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






34. Journal entries are automatically posted to general ledger accounts when _______






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






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






37. By _________ a General Journal entry you are able to - change it - delete it - void it






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






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






40. QBP will let you ______ a posted journal entry






41. QBP will let you drilldown on the _________ to view transactions in an account






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






43. ___________ is not an asset






44. You can creat a journal entry from the _____________






45. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.






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






47. QBP Help can be accessed before ______ QBP






48. The general ledger and _____ do not contain the same information






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






50. In a journal entry - the __________ is used when a transaction affects a customer - affects a vendor - affects an inventory account.