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






2. LINUX - MS Windows XP are examples of _______






3. You can creat a journal entry from the _____________






4. _______ report is also known as the Income Statement






5. Report Filters are set by using the ___button






6. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.






7. You can _______ reports shown on the Report Center






8. _______ QBP reports to Excel requires owning the Excel software






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






10. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N






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






12. The Report Center contains a _______ named Budgets.






13. QBP Help can be accessed before ______ QBP






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






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






16. ________ are not liabilities






17. You must _______ a company before exiting QBP






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






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






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






21. You can creat a journal entry from the _____________






22. After opening a report - you can modify it by clicking _______






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






24. 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.






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






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






27. Financial statements include all the following EXCEPT ________






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






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






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






31. ___________ in QuickBooks include payroll






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






33. You cannot restore a company using a _________






34. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu






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






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






37. One method of opening an ________- is to select File>>Open or Restore Company.






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






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






40. _____________ report shows a company's financial position






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






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






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






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






45. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.






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






47. You cannot restore a company using a _________






48. Balance Sheet will not let you enter a range of __________






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






50. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.