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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. Journal entries are automatically posted to general ledger accounts when _______
reopen
existing company
saved
income statement
2. When recording a journal entry - the ___________ saves the current transaction and exits the transaction window
Save and Close icon
changing the sort order on the face of the report
Title Bar
Income Statement
3. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits
reporting category
COA list
checks and bill payments
verify balances
4. You can open the Chart of Accounts window using a ________
COA list
shortcut key
shortcuts
close an accounting period
5. ________ are used to open frequently performed tasks.
expired prepaid expense
Home page icons
the Reports command on the COA
audit trail
6. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
reopened
the vendors center
close an accounting period
customize
7. You can open the Chart of Accounts window using a ________
close
display the account balance for accounts payable
shortcut key
reporting category
8. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________
reopened
back up
changing the sort order on the face of the report
shortcut key
9. Window menu is used to: select an open window - tile open windows - or _______
cascade open windows
Profit & Loss
unique
Save button
10. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
operating software
reopened
display the account balance for accounts payable
Print
11. QBP will let you ______ a posted journal entry to correct it
manual accounting system
reopen
Title Bar
exiting
12. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
Notes payable
close an accounting period
Vendors/Payables
chart of accounts
13. QBP Help can be accessed before ______ QBP
exiting
T-accounts
recording
Modify
14. Journal entries are automatically posted to general ledger accounts when _______
reporting dates
operating software
income statement
saved
15. QBP will let you ______ a posted journal entry
verify balances
restore utility
close an accounting period
delete
16. This report will list the details of transactions by account
General Ledger
Notes payable
shortcuts
restore file.
17. Report Filters are set by using the ___button
unique
Modify
financial amount
financial amount
18. You cannot restore a company using a _________
employee and company activities
Modify report
Preferences window
restore file.
19. The __________ can be printed using the Reports and Lists menus
audit trail
income statement
Modify Report
Vendor activities
20. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
back up
reports
Home page icons
unique
21. Financial statements include all the following EXCEPT ________
trial balance
Title Bar
Preferences window
income statement
22. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
Modify
shortcuts
Banking
Exporting
23. General journal entries that affect more than two accounts are called __________
close an accounting period
Compound Journal Entries
customize
Print
24. You should always _______ a company's data file before closing an accounting period
reopened
back up
chart of accounts
audit trail
25. _____________ report shows a company's financial position
restore utility
Accountant & Taxes
operating software
Balance Sheet
26. ________ are not liabilities
reporting dates
Fixed assets
customize
Save button
27. The Unpaid Bill Detail report is found under the ________ category of the Report Center
customize
Post Ref columns
Vendors/Payables
COA list
28. The _______ cannot be opened under the List icon.
Banking
Chart of Accoutns
monitor
chart of accounts
29. _______ report is also known as the Income Statement
Profit & Loss
Modify report
Compound Journal Entries
financial amount
30. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
Fixed assets
audit trail
Customer activities
Vendor activities
31. QBP will let you ______ a posted journal entry to correct it
reopen
shortcuts
Modify
checks and bill payments
32. To access ______ from the Main Menu select Reports
Notes payable
shortcuts
reports
posting errors
33. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
Customer activities
posted journal entries
monitor
Exporting
34. You can print a General Ledger report using: Reports>>Accountants & Taxes>>General Ledger on the main menu - or ______________
Balance Sheet
operating software
Save button
the Reports command on the COA
35. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.
changing the sort order on the face of the report
posting errors
close an accounting period
cascade open windows
36. The __________ can be printed using the Reports and Lists menus
audit trail
income statement
cascade open windows
posted journal entries
37. QBP will let you post a transaction to a ________ ater a warning
Vendors/Payables
closed month
reporting category
chart of accounts
38. The general ledger and _____ do not contain the same information
chart of accounts
back up
trial balance reports
manual accounting system
39. You cannot restore a company using a _________
restore utility
reports
chart of accounts
restore file.
40. MAPS stands for: _______________ and not Manual Accounting Processes
Accounts Payable
audit trail
Manual Accounting Procedures
gross profit
41. You can identify the open company in QBP by looking at the: Main Menu - ________
T-accounts
display the account balance for accounts payable
close
Title Bar
42. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
changing the sort order on the face of the report
recording
Vendor activities
closed month
43. By _________ a General Journal entry you are able to - change it - delete it - void it
exiting
expired prepaid expense
reopening
Chart of Accoutns
44. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.
posted journal entries
new transaction
trial balance reports
T-accounts
45. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
income statement
Customer activities
back up
Modify report
46. _______ report is also known as the Income Statement
Employee activities
Profit & Loss
reports
Home page icons
47. LINUX - MS Windows XP are examples of _______
expired prepaid expense
operating software
Trial Balance report
reopening
48. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
reopened
Customer activities
Balance Sheet
income statement
49. To save a modified report select: ________ and then name the report.
display the account balance for accounts payable
Memorize
reopen
Exporting
50. Using just the ________ - you can move your company files to a new computer
restore utility
General Ledger
expired prepaid expense
shortcut key