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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. You can identify the open company in QBP by looking at the: Main Menu - ________
Title Bar
closed month
reopen
reports
2. LINUX - MS Windows XP are examples of _______
Title Bar
recording
reopening
operating software
3. You can creat a journal entry from the _____________
Name field
posted journal entries
the Reports command on the COA
Chart of Accoutns
4. _______ report is also known as the Income Statement
Profit & Loss
exiting
reopen
posted journal entries
5. Report Filters are set by using the ___button
Modify
income statement
Accountant & Taxes
Profit & Loss
6. ________ help you visualize the accounts used on a transaction and verify that the debits equal the credits.
new transaction
back up
close
T-accounts
7. You can _______ reports shown on the Report Center
audit trail
recording
customize
back up
8. _______ QBP reports to Excel requires owning the Excel software
Exporting
closed month
Title Bar
Vendor activities
9. You can add new general ledger accounts using a button located at the top of the ______
COA list
existing company
operating software
Employee activities
10. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N
new transaction
reopen
exiting
Title Bar
11. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
reopened
Notes payable
Home page icons
Customer activities
12. The Report Center contains a _______ named Budgets.
reporting category
Banking
Profit & Loss
expired prepaid expense
13. QBP Help can be accessed before ______ QBP
Post Ref columns
restore file.
exiting
display the account balance for accounts payable
14. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
the vendors center
expired prepaid expense
checks and bill payments
Banking
15. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
monitor
Title Bar
restore file.
Memorize
16. ________ are not liabilities
Chart of Accoutns
reopened
Fixed assets
Trial Balance report
17. You must _______ a company before exiting QBP
close
the Reports command on the COA
cascade open windows
Employee activities
18. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
cascade open windows
Vendors/Payables
Vendor activities
cascade open windows
19. QBP will let you drilldown on the _________ to view transactions in an account
saved
Trial Balance report
General Ledger
Modify report
20. When recording a journal entry - the ___________ saves the current transaction and exits the transaction window
Save and Close icon
existing company
Modify report
Balance Sheet
21. You can creat a journal entry from the _____________
COA list
Chart of Accoutns
audit trail
the vendors center
22. After opening a report - you can modify it by clicking _______
Memorize
audit trail
Modify Report
Accountant & Taxes
23. General journal entries that affect more than two accounts are called __________
Customer activities
Compound Journal Entries
trial balance
Memorize
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.
close
trial balance reports
reopened
Post Ref columns
25. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
the vendors center
display the account balance for accounts payable
Accounts Payable
restore utility
26. The Unpaid Bill Detail report is found under the ________ category of the Report Center
Vendors/Payables
customize
Post Ref columns
exiting
27. Financial statements include all the following EXCEPT ________
Profit & Loss
Home page icons
trial balance
Save button
28. The general ledger and _____ do not contain the same information
Modify
Employee activities
trial balance reports
financial amount
29. In the Report center - to view the report that shows _______ by customer without displaying transactions - select Income by Customer Summary.
reopened
saved
gross profit
Modify
30. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
reporting dates
employee and company activities
Post Ref columns
Modify report
31. ___________ in QuickBooks include payroll
Employee activities
view the Item List
posted journal entries
trial balance reports
32. Window menu is used to: select an open window - tile open windows - or _______
cascade open windows
unique
close an accounting period
gross profit
33. You cannot restore a company using a _________
restore file.
Customer activities
Fixed assets
checks and bill payments
34. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
reopened
Customer activities
Profit & Loss
employee and company activities
35. You should always _______ a company's data file before closing an accounting period
back up
trial balance reports
the vendors center
restore file.
36. Journal entries are automatically posted to general ledger accounts when _______
the Reports command on the COA
Notes payable
saved
reporting dates
37. One method of opening an ________- is to select File>>Open or Restore Company.
Customer activities
existing company
trial balance reports
Modify
38. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
unique
COA list
reopen
new transaction
39. The _______ cannot be opened under the List icon.
audit trail
Title Bar
Name field
chart of accounts
40. _____________ report shows a company's financial position
Balance Sheet
display the account balance for accounts payable
General Ledger
employee and company activities
41. You can identify the open company in QBP by looking at the: Main Menu - ________
Title Bar
close an accounting period
audit trail
Save button
42. Adjusting journal entries are used to record: depreciation expense - or _____________
Title Bar
Print
changing the sort order on the face of the report
expired prepaid expense
43. The general ledger and _____ do not contain the same information
trial balance reports
view the Item List
display the account balance for accounts payable
new transaction
44. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
the vendors center
Banking
chart of accounts
printing
45. Computerized accounting protects data integrity by reducing _________ because data is entered once and then the software posts the data to all the accounts.
posting errors
changing the sort order on the face of the report
Save and Close icon
shortcuts
46. QBP will let you ______ a posted journal entry to correct it
new transaction
reopen
reporting dates
checks and bill payments
47. You cannot restore a company using a _________
exiting
income statement
customize
restore file.
48. Balance Sheet will not let you enter a range of __________
reopen
restore file.
reporting dates
shortcut key
49. Using just the ________ - you can move your company files to a new computer
financial amount
exiting
restore utility
Income Statement
50. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.
Fixed assets
chart of accounts
the vendors center
audit trail