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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. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N
expensing
new transaction
existing company
Modify Report
2. You must _______ a company before exiting QBP
cascade open windows
close
Fixed assets
Manual Accounting Procedures
3. Window menu is used to: select an open window - tile open windows - or _______
cascade open windows
Vendors/Payables
back up
Title Bar
4. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
Trial Balance report
employee and company activities
audit trail
Name field
5. Using the Lists menu will let you ___________
view the Item List
exiting
restore utility
employee and company activities
6. You can add new general ledger accounts using a button located at the top of the ______
Preferences window
COA list
employee and company activities
unique
7. Reports that you customize and save are ______ using the "Reports>>Memorized Reports" menu
Memorize
Print
reopened
Title Bar
8. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
Chart of Accoutns
Compound Journal Entries
Name field
display the account balance for accounts payable
9. QBP will let you drilldown on the _________ to view transactions in an account
Fixed assets
Trial Balance report
display the account balance for accounts payable
posted journal entries
10. QBP will let you post a transaction to a ________ ater a warning
Customer activities
delete
closed month
reporting dates
11. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N
financial amount
customize
Chart of Accoutns
new transaction
12. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
existing company
Print
Title Bar
Save and Close icon
13. You cannot restore a company using a _________
reopen
restore file.
Compound Journal Entries
Customer activities
14. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits
cascade open windows
Customer activities
T-accounts
verify balances
15. After opening a report - you can modify it by clicking _______
shortcut key
Modify Report
Modify
income statement
16. The Report Center contains a _______ named Budgets.
reporting dates
reporting category
Balance Sheet
exiting
17. Report Filters are set by using the ___button
expired prepaid expense
Chart of Accoutns
Vendors/Payables
Modify
18. To access ______ from the Main Menu select Reports
trial balance reports
Notes payable
closed month
reports
19. QBP will let you ______ a posted journal entry
saved
restore file.
shortcuts
delete
20. LINUX - MS Windows XP are examples of _______
close
saved
Preferences window
operating software
21. To save a modified report select: ________ and then name the report.
Memorize
Trial Balance report
expensing
Balance Sheet
22. You can identify the open company in QBP by looking at the: Main Menu - ________
reports
Title Bar
Banking
exiting
23. Icons on the Icon Bar are _______ to frequently used tasks and reports.
expensing
restore utility
shortcuts
checks and bill payments
24. QBP will let you ______ a posted journal entry
income statement
monitor
delete
reopen
25. This report will list the details of transactions by account
monitor
General Ledger
shortcut key
Title Bar
26. The general ledger and _____ do not contain the same information
monitor
trial balance reports
reporting dates
Exporting
27. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
Home page icons
Banking
Trial Balance report
Print
28. You can identify the open company in QBP by looking at the: Main Menu - ________
Title Bar
COA list
the vendors center
saved
29. General journal entries that affect more than two accounts are called __________
cascade open windows
Compound Journal Entries
restore file.
reporting dates
30. QBP will let you ______ a posted journal entry to correct it
monitor
changing the sort order on the face of the report
reopen
exiting
31. Accounting software eliminates tedious processes such as typing documents - manually posting and calculating transactions - and documenting the ________.
audit trail
posted journal entries
Title Bar
Compound Journal Entries
32. When recording a journal entry - the ___________ saves the current transaction and exits the transaction window
the Reports command on the COA
Preferences window
Save and Close icon
Modify
33. Report Filters are set by using the ___button
employee and company activities
Name field
Manual Accounting Procedures
Modify
34. You can add new general ledger accounts using a button located at the top of the ______
exiting
shortcuts
the Reports command on the COA
COA list
35. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
Customer activities
monitor
shortcuts
posted journal entries
36. _______ QBP reports to Excel requires owning the Excel software
Income Statement
Vendors/Payables
Exporting
Notes payable
37. The two tabs within the ___________ are My Preferences and Company Preferences.
trial balance reports
delete
Preferences window
saved
38. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
close an accounting period
manual accounting system
audit trail
restore file.
39. Using the Lists menu will let you ___________
manual accounting system
display the account balance for accounts payable
view the Item List
employee and company activities
40. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
Preferences window
monitor
reopen
operating software
41. _____________ report shows a company's financial position
saved
Balance Sheet
audit trail
chart of accounts
42. Using the Search feature with the keyword "1023" displays __________ beginning with the keywords
posted journal entries
verify balances
checks and bill payments
shortcuts
43. QBP will let you post a transaction to a ________ ater a warning
closed month
Title Bar
verify balances
employee and company activities
44. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
restore file.
back up
unique
Manual Accounting Procedures
45. ___________ in QuickBooks include payroll
Chart of Accoutns
audit trail
Employee activities
Name field
46. The account type "Other Current Liability" would be assigned to a ______ account
gross profit
Notes payable
unique
the vendors center
47. In a manual accounting system - the ______________ was prepared before any other financial statement.
shortcuts
view the Item List
Trial Balance report
Income Statement
48. The Unpaid Bill Detail report is found under the ________ category of the Report Center
exiting
Exporting
Vendors/Payables
shortcuts
49. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
Exporting
the Reports command on the COA
view the Item List
monitor
50. You must _______ a company before exiting QBP
Customer activities
close
audit trail
closed month