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. You must _______ a company before exiting QBP






2. ___________ in QuickBooks include payroll






3. LINUX - MS Windows XP are examples of _______






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






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






6. The general ledger and _____ do not contain the same information






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






8. QBP will let you ______ a posted journal entry






9. Report Filters are set by using the ___button






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






11. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors






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






13. QBP Help can be accessed before ______ QBP






14. Keyboard shortcut can be used to enter a _______: Ctrl+D - Ctrl+S - Ctrl+N - Ctrl+L Ctrl+N






15. Accounting software is normally organized by activities and these activities are: customer and vendor activities - banking and employee activities - and _______________






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






17. ___________ is not an asset






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






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






20. QBP preference options control whether or not a decimal point will be required when entering a ___________






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






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






23. The area on the desktop that displays the name of the open company is the ________






24. QBP preference options control whether or not a decimal point will be required when entering a ___________






25. This main menu command that will open a view of the chart of accounts: Customers - ______ - Company - Vendors






26. In a __________________ - proving that the trial balance "balanced" was critical because this step formed the basis for preparing financial statements.






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






28. You should print Trial Balance to ________ in individual accounts and the equality of debits and credits






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






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






31. Window menu is used to: select an open window - tile open windows - or _______






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.






33. _________ in QuickBooks include: purchases - accounts payable - and cash disbursements






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






35. By _________ a General Journal entry you are able to - change it - delete it - void it






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






37. The _____ icon on the Trial Balance report opens a window for selecting a printer to receive output.






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






39. QBP will let you drilldown on the _________ to view transactions in an account






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






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






42. After opening a report - you can modify it by clicking _______






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






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






45. You cannot view __________ by selecting "Company>>Journal" on the main menu






46. QBP Help can be accessed before ______ QBP






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






48. When recording a journal entry - the ___________ saves the current transaction and exits the transaction window






49. You cannot view __________ by selecting "Company>>Journal" on the main menu






50. Financial statements include all the following EXCEPT ________