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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. Adjusting journal entries are used to record: depreciation expense - or _____________
operating software
checks and bill payments
expired prepaid expense
Accountant & Taxes
2. QBP will let you post a transaction to a ________ ater a warning
printing
closed month
Print
Title Bar
3. You can open the Chart of Accounts window using a ________
Memorize
shortcut key
posted journal entries
restore utility
4. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords
checks and bill payments
Fixed assets
reporting dates
Title Bar
5. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
Employee activities
Modify
existing company
the vendors center
6. 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.
Modify
Post Ref columns
financial amount
recording
7. Report Filters are set by using the ___button
Modify
reopening
Balance Sheet
reopen
8. You should always _______ a company's data file before closing an accounting period
back up
Income Statement
COA list
Title Bar
9. ________ are used to open frequently performed tasks.
COA list
audit trail
Home page icons
delete
10. ________ are used to open frequently performed tasks.
Notes payable
monitor
saved
Home page icons
11. _____________ report shows a company's financial position
Balance Sheet
expired prepaid expense
Vendors/Payables
operating software
12. You can add new general ledger accounts using a button located at the top of the ______
Save button
COA list
shortcuts
saved
13. The account type "Other Current Liability" would be assigned to a ______ account
restore utility
Notes payable
expired prepaid expense
shortcuts
14. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
reopened
reopen
Exporting
trial balance
15. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits
Modify report
the vendors center
verify balances
saved
16. Window menu is used to: select an open window - tile open windows - or _______
Customer activities
posting errors
reports
cascade open windows
17. QBP preference options control whether or not a decimal point will be required when entering a ___________
Chart of Accoutns
customize
financial amount
Banking
18. After opening a report - you can modify it by clicking _______
reopen
Income Statement
Modify Report
restore utility
19. General journal entries that affect more than two accounts are called __________
Print
Save button
Save button
Compound Journal Entries
20. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
Customer activities
reporting category
expensing
Save and Close icon
21. ___________ in QuickBooks include payroll
Chart of Accoutns
Employee activities
Modify
Accountant & Taxes
22. The Unpaid Bill Detail report is found under the ________ category of the Report Center
exiting
audit trail
Vendors/Payables
reopen
23. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
reopened
employee and company activities
changing the sort order on the face of the report
posted journal entries
24. You cannot restore a company using a _________
Vendor activities
Print
verify balances
restore file.
25. _______ QBP reports to Excel requires owning the Excel software
Exporting
exiting
Income Statement
view the Item List
26. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
financial amount
existing company
view the Item List
Print
27. Using the Lists menu will let you ___________
view the Item List
operating software
audit trail
Accountant & Taxes
28. The General Ledger report displays General Journal and the entry number as the _______ of a posted journal entry
audit trail
view the Item List
trial balance
manual accounting system
29. Window menu is used to: select an open window - tile open windows - or _______
Modify report
new transaction
Vendor activities
cascade open windows
30. You can creat a journal entry from the _____________
unique
Chart of Accoutns
changing the sort order on the face of the report
Title Bar
31. Using just the ________ - you can move your company files to a new computer
existing company
Modify
restore utility
Employee activities
32. The __________ can be printed using the Reports and Lists menus
close
financial amount
income statement
Exporting
33. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
restore utility
reports
close
Print
34. _______ report is also known as the Income Statement
view the Item List
close
customize
Profit & Loss
35. The general ledger and _____ do not contain the same information
Trial Balance report
exiting
trial balance reports
Modify report
36. In a __________________ - proving that the trial balance "balanced" was critical because this step formed the basis for preparing financial statements.
monitor
manual accounting system
T-accounts
Vendors/Payables
37. You can identify the open company in QBP by looking at the: Main Menu - ________
expired prepaid expense
Title Bar
changing the sort order on the face of the report
audit trail
38. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
Exporting
reopen
display the account balance for accounts payable
close
39. This report will list the details of transactions by account
Title Bar
Title Bar
General Ledger
monitor
40. QBP will let you ______ a posted journal entry to correct it
Exporting
Title Bar
reopen
Chart of Accoutns
41. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.
chart of accounts
close
display the account balance for accounts payable
audit trail
42. QBP Help can be accessed before ______ QBP
existing company
exiting
Trial Balance report
closed month
43. _____________ report shows a company's financial position
expired prepaid expense
Memorize
Modify report
Balance Sheet
44. The area on the desktop that displays the name of the open company is the ________
Title Bar
saved
Save button
cascade open windows
45. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords
expired prepaid expense
employee and company activities
back up
checks and bill payments
46. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction
changing the sort order on the face of the report
closed month
recording
employee and company activities
47. You can identify the open company in QBP by looking at the: Main Menu - ________
close
audit trail
COA list
Title Bar
48. To customize the General Ledger report - select: ________
Modify report
restore file.
Title Bar
back up
49. Balance Sheet will not let you enter a range of __________
changing the sort order on the face of the report
financial amount
reporting dates
Vendor activities
50. The general ledger and _____ do not contain the same information
display the account balance for accounts payable
General Ledger
trial balance reports
Save and Close icon