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






2. _____________ report shows a company's financial position






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






4. Financial statements include all the following EXCEPT ________






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






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






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






8. QBP will let you ______ a posted journal entry






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






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






11. You can open the Chart of Accounts window using a ________






12. LINUX - MS Windows XP are examples of _______






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






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






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






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






17. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.






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






19. 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.






20. To access ______ from the Main Menu select Reports






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






22. You must _______ a company before exiting QBP






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






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






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






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






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






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






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






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






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






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






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






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






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






36. QBP Help can be accessed before ______ QBP






37. You can open the Chart of Accounts window using a ________






38. ________ are used to open frequently performed tasks.






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






40. You can _______ reports shown on the Report Center






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






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






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






44. ___________ is not an asset






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






46. Report Filters are set by using the ___button






47. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu






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






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 preference options control whether or not a decimal point will be required when entering a ___________