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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 creat a journal entry from the _____________
Chart of Accoutns
Title Bar
back up
close
2. This report will list the details of transactions by account
Notes payable
General Ledger
Modify
existing company
3. You cannot view __________ by selecting "Company>>Journal" on the main menu
Profit & Loss
posted journal entries
Balance Sheet
chart of accounts
4. You cannot view __________ by selecting "Company>>Journal" on the main menu
Title Bar
posted journal entries
reopening
Notes payable
5. In the Report center - to view the report that shows _______ by customer without displaying transactions - select Income by Customer Summary.
reporting dates
the Reports command on the COA
Notes payable
gross profit
6. The _______ cannot be opened under the List icon.
delete
Banking
chart of accounts
Fixed assets
7. The two tabs within the ___________ are My Preferences and Company Preferences.
Notes payable
monitor
manual accounting system
Preferences window
8. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
Home page icons
close an accounting period
restore utility
Title Bar
9. LINUX - MS Windows XP are examples of _______
gross profit
operating software
close an accounting period
Vendors/Payables
10. Report Filters are set by using the ___button
expensing
Modify
Notes payable
Title Bar
11. Using just the ________ - you can move your company files to a new computer
checks and bill payments
restore utility
Accountant & Taxes
Modify
12. When _________ a journal entry - the Save and New icon saves the current transaction and remains in the transaction window to start a new transaction
recording
posted journal entries
delete
Home page icons
13. To access ______ from the Main Menu select Reports
Title Bar
chart of accounts
Manual Accounting Procedures
reports
14. You can open the Chart of Accounts window using a ________
delete
the vendors center
shortcut key
Modify Report
15. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
close
display the account balance for accounts payable
cascade open windows
Employee activities
16. _____________ report shows a company's financial position
display the account balance for accounts payable
delete
income statement
Balance Sheet
17. You can add new general ledger accounts using a button located at the top of the ______
financial amount
COA list
T-accounts
trial balance reports
18. The general ledger and _____ do not contain the same information
reopened
changing the sort order on the face of the report
Vendors/Payables
trial balance reports
19. Journal entries are automatically posted to general ledger accounts when _______
restore file.
recording
Profit & Loss
saved
20. QBP will let you drilldown on the _________ to view transactions in an account
Chart of Accoutns
cascade open windows
Post Ref columns
Trial Balance report
21. _______ QBP reports to Excel requires owning the Excel software
General Ledger
reporting category
Balance Sheet
Exporting
22. The ________ on a journal entry does not post the transaction
reporting category
trial balance
Notes payable
Save button
23. Balance Sheet will not let you enter a range of __________
Save and Close icon
cascade open windows
Title Bar
reporting dates
24. The Unpaid Bill Detail report is found under the ________ category of the Report Center
Vendor activities
Vendors/Payables
checks and bill payments
delete
25. QBP preference options control whether or not a decimal point will be required when entering a ___________
financial amount
Profit & Loss
Title Bar
Trial Balance report
26. MAPS stands for: _______________ and not Manual Accounting Processes
Manual Accounting Procedures
reopen
Modify report
reporting category
27. ________ are not liabilities
changing the sort order on the face of the report
shortcuts
operating software
Fixed assets
28. You can _______ reports shown on the Report Center
Trial Balance report
cascade open windows
chart of accounts
customize
29. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
the vendors center
reopen
unique
Trial Balance report
30. ___________ in QuickBooks include payroll
shortcut key
Employee activities
employee and company activities
cascade open windows
31. QBP will let you drilldown on the _________ to view transactions in an account
close
posting errors
Trial Balance report
Manual Accounting Procedures
32. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
Banking
the Reports command on the COA
Employee activities
restore utility
33. To view a journal entry go to: Reports>>___________>>Journal.
shortcuts
checks and bill payments
expensing
Accountant & Taxes
34. Adjustments are made at the end of the accounting period for items such as _________ prepaid insurance and prepaid rent or posting depreciation expense
Accounts Payable
Profit & Loss
expensing
Trial Balance report
35. This report will list the details of transactions by account
posting errors
General Ledger
Title Bar
Title Bar
36. You can _______ reports shown on the Report Center
the Reports command on the COA
expensing
customize
reports
37. The area on the desktop that displays the name of the open company is the ________
Vendor activities
Title Bar
Notes payable
recording
38. The account type "Other Current Liability" would be assigned to a ______ account
Notes payable
COA list
audit trail
COA list
39. The _______ cannot be opened under the List icon.
Balance Sheet
Home page icons
chart of accounts
restore file.
40. Using the Lists menu will let you ___________
Name field
view the Item List
chart of accounts
changing the sort order on the face of the report
41. Financial statements include all the following EXCEPT ________
Notes payable
audit trail
monitor
trial balance
42. QBP preference options control whether or not a decimal point will be required when entering a ___________
financial amount
shortcuts
gross profit
expired prepaid expense
43. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords
monitor
Save and Close icon
trial balance
checks and bill payments
44. _______ report is also known as the Income Statement
trial balance reports
Title Bar
Profit & Loss
the vendors center
45. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
General Ledger
employee and company activities
delete
restore utility
46. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
Vendors/Payables
Modify
Banking
Exporting
47. The __________ can be printed using the Reports and Lists menus
monitor
unique
income statement
Save and Close icon
48. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N
restore file.
new transaction
financial amount
existing company
49. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
Banking
Memorize
Title Bar
Print
50. The ________ on a journal entry does not post the transaction
the Reports command on the COA
Save button
Memorize
income statement