Test1AcctSftwr -...

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Submitted  on 4/26/2011 UNOH VC Introduction to Accounting Software Test 1 1.  Accounting information is used to do all of the following except:  A) Prepare tax returns for the IRS B) Prepare financial statements for investors C) Prepare meeting minutes for the board of directors D) Prepare reports for management Points  Earned:    Correct  Answer(s): C 2.  The Chart of Accounts can be accessed from which section of the Home page?  A) Banking B) Company C) Customer D) Vendor   Correct  Answer(s): B 3.  Which of the following tasks cannot be completed from the Banking section of the  Home page?  A) Write Checks B) Record Deposits C) Reconcile Bank Statements D) All of the above tasks can be completed from the Banking section Points  Earned:    Correct  Answer(s): D 4.  To change company information, such as the company name, you would use:  A) Company Menu B) Company section of the Home page C) Company List D) Company Center Points  Earned:    Correct  Answer(s): A 5.  Which of the following file types identifies a QuickBooks Portable file?  A) QBB B) .QBM C) QBW D) .QBX
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Points  Earned:    Correct  Answer(s): B 6.  The Home page in QuickBooks consists of all the following sections except:  A) Employee B) Customer C) Vendor D) Lists Points  Earned:    Correct  Answer(s): D 7.  The objective of an accounting information system, like QuickBooks, is to:  A) Collect, summarize, and analyze data B) Use the computer for keeping accounting records C) Save company resources, like time and paper D) None of the above Points  Earned:    Correct  Answer(s): A 8.  Which of the following tasks can be completed in the Vendor section of the Home  page?  A) Receive Payments B) Receive Inventory C) Create Invoices D) Create Estimates Points  Earned:    Correct  Answer(s): B 9.  Which of the following navigation methods in QuickBooks uses drop-down lists?  A) Menus B) Navigation Bar C) Home Page D) Icon Bar Points  Earned:   
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Answer(s): A 10.  Which of the following tasks can be completed in the Customer section of the  Home page?  A) Purchase Orders B) Receive Inventory C) Enter Bills D) Receive Payments Points  Earned:    Correct  Answer(s): D 11.  All of the following are Expense accounts except:  A) Rent B) Advertising C) Accounts Payable D) Utilities Points  Earned:    Correct  Answer(s): C 12.  Non-posting accounts are needed to  A) track information necessary to the accounting information system B) calculate income C) identify owner's equity D) calculate expenses Points  Earned:    Correct  Answer(s): A 13.  The Chart of Accounts lists:  A) Assets, liabilities and owner's equity account B) Income and expense accounts
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This document was uploaded on 08/10/2011.

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Test1AcctSftwr -...

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