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. MAPS stands for: _______________ and not Manual Accounting Processes






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






3. Report Filters are set by using the ___button






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






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






6. Financial statements include all the following EXCEPT ________






7. QBP will let you ______ a posted journal entry






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






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






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






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






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






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






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






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






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






17. The Report Center contains a _______ named Budgets.






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






19. ___________ in QuickBooks include payroll






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






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






22. You cannot restore a company using a _________






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






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






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






26. _______ report is also known as the Income Statement






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






28. ________ are used to open frequently performed tasks.






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






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






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






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






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






34. Using the Lists menu will let you ___________






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






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






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






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






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






40. ________ are not liabilities






41. _____________ report shows a company's financial position






42. You must _______ a company before exiting QBP






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






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






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






46. QBP Help can be accessed before ______ QBP






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






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






49. You can _______ reports shown on the Report Center






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