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






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






3. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction






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






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






6. ________ are not liabilities






7. To save a modified report select: ________ and then name the report.






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






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






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






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






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






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






14. 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.






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






16. _______ report is also known as the Income Statement






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






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






19. You can _______ reports shown on the Report Center






20. To access ______ from the Main Menu select Reports






21. ___________ in QuickBooks include payroll






22. Adjustments are made at the end of the accounting period for items such as _________ prepaid insurance and prepaid rent or posting depreciation expense






23. LINUX - MS Windows XP are examples of _______






24. Report Filters are set by using the ___button






25. Using the Lists menu will let you ___________






26. To access ______ from the Main Menu select Reports






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






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






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






30. You must _______ a company before exiting QBP






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






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






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






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






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






36. You cannot restore a company using a _________






37. _______ report is also known as the Income Statement






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






39. You cannot restore a company using a _________






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






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






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






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






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






45. Financial statements include all the following EXCEPT ________






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






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






48. QBP Help can be accessed before ______ QBP






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