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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 must _______ a company before exiting QBP
back up
close
shortcuts
trial balance reports
2. ___________ in QuickBooks include payroll
checks and bill payments
Employee activities
reports
new transaction
3. LINUX - MS Windows XP are examples of _______
Banking
monitor
operating software
trial balance
4. To view a journal entry go to: Reports>>___________>>Journal.
Accountant & Taxes
unique
Vendor activities
employee and company activities
5. Journal entries are automatically posted to general ledger accounts when _______
unique
posted journal entries
close an accounting period
saved
6. The general ledger and _____ do not contain the same information
Banking
cascade open windows
changing the sort order on the face of the report
trial balance reports
7. The account type "Other Current Liability" would be assigned to a ______ account
reopen
changing the sort order on the face of the report
Preferences window
Notes payable
8. QBP will let you ______ a posted journal entry
trial balance
closed month
Income Statement
delete
9. Report Filters are set by using the ___button
Modify
recording
Balance Sheet
expensing
10. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
employee and company activities
display the account balance for accounts payable
Banking
printing
11. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
view the Item List
restore file.
reopen
Banking
12. Using just the ________ - you can move your company files to a new computer
Banking
restore utility
General Ledger
view the Item List
13. QBP Help can be accessed before ______ QBP
Print
exiting
close an accounting period
Modify report
14. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N
Exporting
Accountant & Taxes
new transaction
chart of accounts
15. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________
expensing
restore file.
employee and company activities
Memorize
16. The __________ can be printed using the Reports and Lists menus
the Reports command on the COA
income statement
reporting category
reopen
17. ___________ is not an asset
Exporting
Accounts Payable
financial amount
audit trail
18. Computerized accounting makes it difficult to ______ transactions and analyze financial performance.
Chart of Accoutns
expensing
monitor
Income Statement
19. Using just the ________ - you can move your company files to a new computer
Customer activities
restore utility
expired prepaid expense
COA list
20. QBP preference options control whether or not a decimal point will be required when entering a ___________
financial amount
General Ledger
close
shortcuts
21. Clicking the company snapshot icon will: open a window containing three tabs - show a graph of income and expense trends - or __________
Employee activities
display the account balance for accounts payable
checks and bill payments
Print
22. You can locate a posted check mailed to a vendor by using: The search feature - the find feature - or ________
Exporting
audit trail
delete
the vendors center
23. The area on the desktop that displays the name of the open company is the ________
Title Bar
closed month
Fixed assets
display the account balance for accounts payable
24. QBP preference options control whether or not a decimal point will be required when entering a ___________
financial amount
Employee activities
expired prepaid expense
Vendor activities
25. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors
Memorize
Banking
reporting category
Modify report
26. In a __________________ - proving that the trial balance "balanced" was critical because this step formed the basis for preparing financial statements.
Banking
Fixed assets
the Reports command on the COA
manual accounting system
27. The account number on a general ledger account is ______ and is assigned to the account by referring to the general ledger account framework.
operating software
reopen
unique
Chart of Accoutns
28. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits
verify balances
Employee activities
Employee activities
shortcuts
29. The ________ on a journal entry does not post the transaction
Manual Accounting Procedures
reports
reopening
Save button
30. In a journal entry - the __________ is used when a transaction affects a customer - affects a vendor - affects an inventory account.
Vendors/Payables
Name field
COA list
delete
31. Window menu is used to: select an open window - tile open windows - or _______
reporting dates
financial amount
Compound Journal Entries
cascade open windows
32. 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.
closed month
reporting category
Post Ref columns
financial amount
33. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements
expired prepaid expense
Vendor activities
reporting category
Modify Report
34. You can open the Chart of Accounts window using a ________
changing the sort order on the face of the report
posting errors
income statement
shortcut key
35. By _________ a General Journal entry you are able to - change it - delete it - void it
manual accounting system
reopening
Employee activities
General Ledger
36. Using just the ________ - you can move your company files to a new computer
restore utility
close
Title Bar
financial amount
37. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.
Print
restore file.
Save button
expensing
38. You can add new general ledger accounts using a button located at the top of the ______
reopening
COA list
Trial Balance report
posted journal entries
39. QBP will let you drilldown on the _________ to view transactions in an account
Save button
Manual Accounting Procedures
exiting
Trial Balance report
40. You can open the Chart of Accounts window using a ________
manual accounting system
Post Ref columns
shortcuts
shortcut key
41. ____________ in QuickBooks include: sales - accounts receivables - and cash receipts.
reporting category
Modify
Customer activities
Memorize
42. After opening a report - you can modify it by clicking _______
shortcuts
Modify Report
restore utility
Save and Close icon
43. _______ QBP reports to Excel requires owning the Excel software
Exporting
exiting
Title Bar
closed month
44. Balance Sheet will not let you enter a range of __________
reporting dates
restore file.
audit trail
chart of accounts
45. You cannot view __________ by selecting "Company>>Journal" on the main menu
manual accounting system
income statement
shortcuts
posted journal entries
46. QBP Help can be accessed before ______ QBP
exiting
financial amount
Modify report
Save button
47. You cannot ________________ by selecting "Company>>Close Accounting Period" on the main menu
Print
close an accounting period
audit trail
expired prepaid expense
48. When recording a journal entry - the ___________ saves the current transaction and exits the transaction window
Save and Close icon
new transaction
Modify Report
financial amount
49. You cannot view __________ by selecting "Company>>Journal" on the main menu
Title Bar
posted journal entries
operating software
Vendor activities
50. Financial statements include all the following EXCEPT ________
monitor
expired prepaid expense
trial balance reports
trial balance