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






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






4. ___________ in QuickBooks include payroll






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






6. You cannot restore a company using a _________






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






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






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






10. Using the Lists menu will let you ___________






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






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






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






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






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






16. _______ report is also known as the Income Statement






17. In a journal entry - the __________ is used when a transaction affects a customer - affects a vendor - affects an inventory account.






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






19. You can creat a journal entry from the _____________






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






21. To customize the General Ledger report - select: ________






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






23. LINUX - MS Windows XP are examples of _______






24. In a manual accounting system - the ______________ was prepared before any other financial statement.






25. Using the Lists menu will let you ___________






26. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction






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






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






29. QBP Help can be accessed before ______ QBP






30. To save a modified report select: ________ and then name the report.






31. ________ are used to open frequently performed tasks.






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






33. The two tabs within the ___________ are My Preferences and Company Preferences.






34. _____________ report shows a company's financial position






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






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






37. You cannot restore a company using a _________






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






39. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________






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






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






42. You cannot restore a company using a _________






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






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






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






46. To customize the General Ledger report - select: ________






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






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






49. You must _______ a company before exiting QBP






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