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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
cascade open windows
Home page icons
new transaction
shortcuts
2. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N
new transaction
Modify
the Reports command on the COA
Exporting
3. You can identify the open company in QBP by looking at the: Main Menu - ________
Modify
posted journal entries
Modify report
Title Bar
4. The area on the desktop that displays the name of the open company is the ________
Modify report
financial amount
Title Bar
Print
5. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
posted journal entries
gross profit
Vendor activities
saved
6. QBP Help can be accessed before ______ QBP
new transaction
view the Item List
exiting
COA list
7. Report Filters are set by using the ___button
monitor
manual accounting system
Modify
COA list
8. QBP will let you ______ a posted journal entry to correct it
reopening
restore file.
Trial Balance report
reopen
9. Icons on the Icon Bar are _______ to frequently used tasks and reports.
shortcuts
existing company
Balance Sheet
reopening
10. Using just the ________ - you can move your company files to a new computer
exiting
closed month
the Reports command on the COA
restore utility
11. QBP will let you drilldown on the _________ to view transactions in an account
Save button
the Reports command on the COA
Banking
Trial Balance report
12. To view a journal entry go to: Reports>>___________>>Journal.
Accountant & Taxes
Profit & Loss
Modify report
exiting
13. You should always _______ a company's data file before closing an accounting period
back up
Banking
Vendor activities
the vendors center
14. QBP will let you drilldown on the _________ to view transactions in an account
Trial Balance report
T-accounts
delete
exiting
15. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
close an accounting period
Modify
General Ledger
Title Bar
16. ________ are used to open frequently performed tasks.
Modify report
Home page icons
trial balance reports
Accounts Payable
17. QBP preference options control whether or not a decimal point will be required when entering a ___________
Vendors/Payables
reports
new transaction
financial amount
18. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
operating software
Fixed assets
Vendor activities
income statement
19. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.
T-accounts
operating software
Notes payable
closed month
20. Using just the ________ - you can move your company files to a new computer
audit trail
Title Bar
unique
restore utility
21. You can add new general ledger accounts using a button located at the top of the ______
employee and company activities
Vendor activities
COA list
Fixed assets
22. In a manual accounting system - the ______________ was prepared before any other financial statement.
Income Statement
restore utility
back up
income statement
23. You can identify the open company in QBP by looking at the: Main Menu - ________
closed month
reports
Title Bar
Profit & Loss
24. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
T-accounts
close
reopened
reporting category
25. The __________ can be printed using the Reports and Lists menus
restore file.
gross profit
income statement
Chart of Accoutns
26. You can _______ reports shown on the Report Center
customize
Profit & Loss
Home page icons
shortcut key
27. Balance Sheet will not let you enter a range of __________
verify balances
trial balance
reporting dates
close
28. In a __________________ - proving that the trial balance "balanced" was critical because this step formed the basis for preparing financial statements.
chart of accounts
manual accounting system
shortcuts
Save button
29. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.
operating software
the Reports command on the COA
posting errors
posted journal entries
30. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
recording
close an accounting period
reopen
monitor
31. The Unpaid Bill Detail report is found under the ________ category of the Report Center
closed month
Exporting
Vendors/Payables
expired prepaid expense
32. LINUX - MS Windows XP are examples of _______
Chart of Accoutns
shortcuts
operating software
reporting dates
33. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
employee and company activities
chart of accounts
Title Bar
trial balance reports
34. You cannot restore a company using a _________
restore file.
Balance Sheet
cascade open windows
expired prepaid expense
35. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
Income Statement
Customer activities
audit trail
close
36. Financial statements include all the following EXCEPT ________
Balance Sheet
audit trail
delete
trial balance
37. The general ledger and _____ do not contain the same information
exiting
reopened
changing the sort order on the face of the report
trial balance reports
38. In a journal entry - the __________ is used when a transaction affects a customer - affects a vendor - affects an inventory account.
closed month
Name field
view the Item List
posting errors
39. Icons on the Icon Bar are _______ to frequently used tasks and reports.
Post Ref columns
the vendors center
shortcuts
cascade open windows
40. Window menu is used to: select an open window - tile open windows - or _______
Vendors/Payables
close
cascade open windows
Accountant & Taxes
41. _______ QBP reports to Excel requires owning the Excel software
Exporting
gross profit
changing the sort order on the face of the report
monitor
42. The Report Center contains a _______ named Budgets.
saved
Modify report
Title Bar
reporting category
43. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.
restore utility
printing
reopen
audit trail
44. LINUX - MS Windows XP are examples of _______
operating software
Banking
reopening
Employee activities
45. You can print a General Ledger report using: Reports>>Accountants & Taxes>>General Ledger on the main menu - or ______________
reporting dates
Balance Sheet
the Reports command on the COA
Name field
46. Adjusting journal entries are used to record: depreciation expense - or _____________
reopened
COA list
reporting category
expired prepaid expense
47. You can open the Chart of Accounts window using a ________
Vendors/Payables
shortcut key
view the Item List
posted journal entries
48. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
monitor
the vendors center
closed month
Home page icons
49. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________
changing the sort order on the face of the report
Banking
Modify report
reopen
50. You can print a General Ledger report using: Reports>>Accountants & Taxes>>General Ledger on the main menu - or ______________
monitor
the Reports command on the COA
customize
closed month