Quickbooks chapter 1(: – Flashcards
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Create invoices
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All of the following tasks can be completed in the vendors section. Of the home page except:
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In quickbooks, information about transactions is entered in onscreen forms that look like printed forms, such as:
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All the above
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All of the following are one of the four main categories of transactions in quickbooks, except:
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Items & services
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To add ur name to a report to identify your printout u would:
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Select company info from the company menu and then enter your name in the company name field
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From the customer section of the home page, all of the following transactions can be recorded except:
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Pay bills
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You can print checks:
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All of the above
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In the company section of the. Homepage, you can:
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View the chart of accounts
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The sequence of steps to save a backup copy is:
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File>save copy or backup copy>finish
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Which one of the following activities is not associated with the Employee section of the Homepage?
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Print checks
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The homepage in quickbooks includes:
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Flowcharts of transactions
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Which screen provides a summary of important company information?
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Company snapshot
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In quickbooks, how do u enter transaction info?
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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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Chart of accounts
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Which of the following tasks is completed from the banking section of the Homepage?
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Enter credit card charges
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Which of the following tasks can be completed in the vendor section of the Homepage?
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Receive inventory
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The chart of accounts can be accessed from which section of the Homepage?
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Company
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To change company info, such as the company name, you would use:
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Company menu
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Which of the following files types identifies a quickbooks portable file?
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QBM
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Which one of the following activities is associated with the customer section of the Homepage?
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Record refunds and credits
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The homepage in quickbooks consists of all the following sections except:
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Lists
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The objective of an accounting info system, like quickbooks, is to:
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Collect, summarize, and analyze data
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Accounting info is used to do all of 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 of the following except:
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All of these to 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 what is exchanged in a transaction (debits and credits). Which of the following is recorded when a company purchase (receives) a computer and pays (gives) cash?
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The computer is recorded as a debit and the cash is recorded as a credit
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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 u to enter data and transactions?
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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 accountants working file
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Which quickbooks Window allows u to add your name to the checking account?
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Chart of accounts
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The banking section of the Homepage includes which flow chart?
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None of these
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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 cash inflow and outflow?
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Balance sheet
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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 your own documents to quickbooks?
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Docs icon
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The apps center:
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Organizes apps that will work with your quickbooks software and data
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QBA file
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Accountants copy working file When u export your quickbooks data for your accountant to review the accountant restores the export file on his or her computer as a file with a QBA
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QBB file
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Quickbooks backup file.when u backup ur company file
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QBM file
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Quickbooks portable company file.when u want to email or move a company file.
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Banking
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Deposit money Write checks Enter credit card charges
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Customers
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Receive payments Accept credit cards Statements