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






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






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






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






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






7. Report Filters are set by using the ___button






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






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






10. In the Report center - to view the report that shows _______ by customer without displaying transactions - select Income by Customer Summary.






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






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






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






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






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






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






17. The ________ on a journal entry does not post the transaction






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






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






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






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






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






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






24. You must _______ a company before exiting QBP






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






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






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






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






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






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






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






32. You can creat a journal entry from the _____________






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






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






35. ___________ is not an asset






36. Report Filters are set by using the ___button






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






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






39. _____________ report shows a company's financial position






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






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






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






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






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






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






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






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






48. You cannot restore a company using a _________






49. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits






50. You must _______ a company before exiting QBP