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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. The ________ on a journal entry does not post the transaction
the vendors center
Save button
exiting
reopened
2. Adjustments are made at the end of the accounting period for items such as _________ prepaid insurance and prepaid rent or posting depreciation expense
shortcuts
restore file.
posting errors
expensing
3. ________ are used to open frequently performed tasks.
financial amount
audit trail
Home page icons
Vendors/Payables
4. QBP will let you drilldown on the _________ to view transactions in an account
view the Item List
Trial Balance report
employee and company activities
reopened
5. Report Filters are set by using the ___button
new transaction
cascade open windows
Title Bar
Modify
6. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
monitor
Customer activities
the vendors center
Print
7. QBP Help can be accessed before ______ QBP
new transaction
reopened
exiting
employee and company activities
8. You should always _______ a company's data file before closing an accounting period
cascade open windows
back up
delete
close
9. You can identify the open company in QBP by looking at the: Main Menu - ________
Title Bar
income statement
closed month
the vendors center
10. The Unpaid Bill Detail report is found under the ________ category of the Report Center
Vendors/Payables
Accountant & Taxes
reporting dates
restore utility
11. The steps to _________ financial statements begin with: Reports>>Company & Financial.
printing
expensing
trial balance reports
Title Bar
12. Adjusting journal entries are used to record: depreciation expense - or _____________
close an accounting period
Employee activities
expired prepaid expense
Exporting
13. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
recording
Print
Notes payable
unique
14. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
Title Bar
Title Bar
Print
Modify report
15. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.
reporting category
audit trail
saved
Chart of Accoutns
16. The __________ can be printed using the Reports and Lists menus
income statement
the Reports command on the COA
trial balance
Manual Accounting Procedures
17. This report will list the details of transactions by account
operating software
restore file.
changing the sort order on the face of the report
General Ledger
18. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
Customer activities
reopened
unique
Chart of Accoutns
19. You cannot restore a company using a _________
saved
cascade open windows
Name field
restore file.
20. You can add new general ledger accounts using a button located at the top of the ______
monitor
Notes payable
Accountant & Taxes
COA list
21. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
reopened
Save button
COA list
cascade open windows
22. You cannot restore a company using a _________
restore file.
the Reports command on the COA
reporting dates
display the account balance for accounts payable
23. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
Customer activities
customize
Banking
Profit & Loss
24. You cannot view __________ by selecting "Company>>Journal" on the main menu
posted journal entries
General Ledger
close an accounting period
exiting
25. Icons on the Icon Bar are _______ to frequently used tasks and reports.
reopen
reporting category
employee and company activities
shortcuts
26. You can add new general ledger accounts using a button located at the top of the ______
restore file.
checks and bill payments
COA list
cascade open windows
27. The ________ on a journal entry does not post the transaction
back up
Manual Accounting Procedures
Save button
Banking
28. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
Profit & Loss
printing
employee and company activities
Print
29. QBP will let you change a report by: clicking the Modify Report icon - entering custom dates on the face of the report - or __________________
printing
changing the sort order on the face of the report
verify balances
restore file.
30. Balance Sheet will not let you enter a range of __________
Preferences window
operating software
trial balance reports
reporting dates
31. Financial statements include all the following EXCEPT ________
trial balance
delete
Accountant & Taxes
manual accounting system
32. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
Title Bar
expired prepaid expense
closed month
display the account balance for accounts payable
33. To access ______ from the Main Menu select Reports
checks and bill payments
posted journal entries
reports
Fixed assets
34. The _______ cannot be opened under the List icon.
Compound Journal Entries
Banking
exiting
chart of accounts
35. _____________ report shows a company's financial position
Balance Sheet
T-accounts
expensing
reopen
36. Window menu is used to: select an open window - tile open windows - or _______
restore utility
cascade open windows
trial balance
gross profit
37. In a manual accounting system - the ______________ was prepared before any other financial statement.
shortcuts
Income Statement
T-accounts
Print
38. QBP Help can be accessed before ______ QBP
reporting category
Profit & Loss
exiting
unique
39. ___________ is not an asset
Exporting
exiting
gross profit
Accounts Payable
40. _______ QBP reports to Excel requires owning the Excel software
Exporting
financial amount
saved
reports
41. The area on the desktop that displays the name of the open company is the ________
Title Bar
Exporting
shortcuts
reporting dates
42. One method of opening an ________- is to select File>>Open or Restore Company.
manual accounting system
existing company
reporting dates
reporting dates
43. _______ QBP reports to Excel requires owning the Excel software
close
shortcuts
Exporting
display the account balance for accounts payable
44. The General Ledger report displays General Journal and the entry number as the _______ of a posted journal entry
posting errors
Title Bar
audit trail
restore utility
45. To access ______ from the Main Menu select Reports
Banking
Save button
Exporting
reports
46. 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.
Post Ref columns
close
audit trail
Vendor activities
47. By _________ a General Journal entry you are able to - change it - delete it - void it
Name field
reopening
unique
checks and bill payments
48. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
checks and bill payments
Customer activities
close an accounting period
Home page icons
49. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits
close an accounting period
operating software
verify balances
manual accounting system
50. To customize the General Ledger report - select: ________
financial amount
Modify report
employee and company activities
Save button