Quickbooks CH1 – Flashcards
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which screen provides a digital dashboard of a company's relevant financial data?
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Insights
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In quickbooks, how do you enter transactions information?
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onscreen journal and onscreen forms
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All of the following are one of the four main categories of transactions in Quickbooks except:
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calendar
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which of the following tasks is completed from the banking section of the home page?
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enter credit card chaarges
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which of the following tasks can be completed in the vender section of the home page?
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receive inventory
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The chart of accounts can be accessed from which section of the Home page?
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Company
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To change a company name in Quickbooks, select the following from the menu bar
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company>my company>edit
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which of the following file types identifies a quickbooks backup file?
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QBB
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which of the following activities is associated with the customer section of the home page?
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record refunds and credits
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the home page in quickbooks consists of all the following sections except
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lists
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the objective of an accounting information system, like quickbooks is to
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collect, summarize and analyze data
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Accounting information is used to do all the following except
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Prepare meeting minutes for the board of directors
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your quickbooks data can be stored in all the following way except
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all of these store quickbooks data
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A business Transaction is an exchange between
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all of these
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double-entry account records are exchanged in a transaction. which of the following is recorded when a company purchases a computer and pays cash?
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debit computer credit cash
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The onscreen form for ordering items from a vendor looks like the paper version of a
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purchase order
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which type of quickbooks data file allows you to enter data and transaction
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QBW
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The Quickbooks file extension QBM indicates the file is a
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quickbooks movable file
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The quickbooks file extension QBA indicates the file is a
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quickbooks accountant's working file
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which quickbooks window allows you to add your name to the checking account
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chart of accounts
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the banking section of the home page includes which flow chart?
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bank rec flowchart
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which financial statement below summarizes the financial position of a company?
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balance sheet
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which financial statement below summarizes a company's earnings
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profit & loss statement
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which financial statement below summarizes a company's cash inflow and outflow ?
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statement of cash flow
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management reports help identify
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all of these
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which icon is used to add a document on your computer into quickbooks
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docs icon
