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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. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N
reporting category
new transaction
Save button
financial amount
2. In a manual accounting system - the ______________ was prepared before any other financial statement.
chart of accounts
Income Statement
new transaction
Banking
3. To save a modified report select: ________ and then name the report.
reports
closed month
Memorize
Trial Balance report
4. Window menu is used to: select an open window - tile open windows - or _______
cascade open windows
monitor
Save and Close icon
operating software
5. You cannot restore a company using a _________
close
back up
restore file.
COA list
6. The _______ cannot be opened under the List icon.
income statement
Customer activities
closed month
chart of accounts
7. LINUX - MS Windows XP are examples of _______
operating software
reports
Memorize
chart of accounts
8. QBP will let you ______ a posted journal entry to correct it
Income Statement
customize
reopen
checks and bill payments
9. You must _______ a company before exiting QBP
close an accounting period
restore file.
close
monitor
10. ________ are used to open frequently performed tasks.
Home page icons
operating software
Trial Balance report
restore utility
11. General journal entries that affect more than two accounts are called __________
Customer activities
Trial Balance report
Compound Journal Entries
Title Bar
12. To view a journal entry go to: Reports>>___________>>Journal.
cascade open windows
restore utility
reporting category
Accountant & Taxes
13. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
employee and company activities
Banking
expensing
close an accounting period
14. The __________ can be printed using the Reports and Lists menus
trial balance reports
income statement
Vendors/Payables
reporting category
15. QBP Help can be accessed before ______ QBP
exiting
Vendor activities
unique
Exporting
16. You can open the Chart of Accounts window using a ________
exiting
cascade open windows
shortcut key
expensing
17. The __________ can be printed using the Reports and Lists menus
employee and company activities
Modify report
expensing
income statement
18. _______ report is also known as the Income Statement
restore file.
Profit & Loss
Balance Sheet
restore file.
19. You can _______ reports shown on the Report Center
unique
reopened
close
customize
20. You can add new general ledger accounts using a button located at the top of the ______
COA list
expired prepaid expense
delete
recording
21. QBP Help can be accessed before ______ QBP
Notes payable
Compound Journal Entries
restore utility
exiting
22. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
income statement
Save and Close icon
Vendor activities
posted journal entries
23. You can identify the open company in QBP by looking at the: Main Menu - ________
General Ledger
COA list
exiting
Title Bar
24. You can add new general ledger accounts using a button located at the top of the ______
customize
monitor
COA list
Employee activities
25. In the Report center - to view the report that shows _______ by customer without displaying transactions - select Income by Customer Summary.
Modify report
changing the sort order on the face of the report
closed month
gross profit
26. _______ QBP reports to Excel requires owning the Excel software
Employee activities
Balance Sheet
Save button
Exporting
27. Window menu is used to: select an open window - tile open windows - or _______
monitor
saved
Title Bar
cascade open windows
28. This report will list the details of transactions by account
gross profit
General Ledger
view the Item List
Modify
29. Journal entries are automatically posted to general ledger accounts when _______
Employee activities
changing the sort order on the face of the report
Notes payable
saved
30. ___________ is not an asset
Accounts Payable
trial balance reports
close
close
31. QBP will let you drilldown on the _________ to view transactions in an account
Banking
closed month
Exporting
Trial Balance report
32. QBP will let you ______ a posted journal entry
delete
cascade open windows
new transaction
Home page icons
33. Adjusting journal entries are used to record: depreciation expense - or _____________
Profit & Loss
expired prepaid expense
shortcut key
Banking
34. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords
restore file.
Balance Sheet
Vendors/Payables
checks and bill payments
35. QBP preference options control whether or not a decimal point will be required when entering a ___________
employee and company activities
the vendors center
reporting dates
financial amount
36. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
Customer activities
restore file.
trial balance reports
view the Item List
37. The _______ cannot be opened under the List icon.
chart of accounts
expired prepaid expense
Chart of Accoutns
employee and company activities
38. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.
posting errors
back up
checks and bill payments
posted journal entries
39. _____________ report shows a company's financial position
Banking
Vendor activities
Balance Sheet
manual accounting system
40. You can creat a journal entry from the _____________
reporting dates
Chart of Accoutns
recording
reporting category
41. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
shortcuts
reporting dates
Trial Balance report
Print
42. The ________ on a journal entry does not post the transaction
reporting dates
Customer activities
Compound Journal Entries
Save button
43. Report Filters are set by using the ___button
Modify
display the account balance for accounts payable
reopening
reopened
44. The Report Center contains a _______ named Budgets.
closed month
posted journal entries
back up
reporting category
45. The ________ on a journal entry does not post the transaction
Home page icons
Save button
exiting
Modify report
46. The Unpaid Bill Detail report is found under the ________ category of the Report Center
Vendors/Payables
Save button
Compound Journal Entries
Balance Sheet
47. To customize the General Ledger report - select: ________
Title Bar
Modify report
display the account balance for accounts payable
COA list
48. The account type "Other Current Liability" would be assigned to a ______ account
Save button
T-accounts
Notes payable
Profit & Loss
49. _____________ report shows a company's financial position
existing company
Balance Sheet
audit trail
Title Bar
50. ___________ in QuickBooks include payroll
Vendor activities
Employee activities
restore file.
Title Bar