Computerized Accounting
Quickbooks best study exam
questions and answers verified with
accurate solutions 2024\2025
In quickBooks, how can you enter transaction information? - Answer
Onscreen Journal and onscreen forms
Which of the following tasks is completed from the Banking section of
the Home page? - Answer Enter Credit Card Charges
The Chart of Accounts can be accessed from which section of the home
page? - Answer Company
Which of the following file types identifies a QuickBooks Portable File? -
Answer QBM
The Home page in Quickbooks consists of all the following sections
except - Answer Lists
,Computerized Accounting
Quickbooks best study exam
questions and answers verified with
accurate solutions 2024\2025
Accounting information is used to do all of the following except page
1.4 - Answer Prepare meeting minutes for the board of directors.
A business transaction is an exchange between - Answer All of the
above Vender, Employee & Customer
The QuickBooks file extension QBM indicates the file is a - Answer
QuickBooks movable file.
Which Quickbooks window allows you to add your name to the
checking account> - Answer Chart of Accounts
Which financial statement below summarizes the financial position of a
company? - Answer Profit and Loss Statement
,Computerized Accounting
Quickbooks best study exam
questions and answers verified with
accurate solutions 2024\2025
Which financial statement below summarizes a company's cash inflow
and outflow? - Answer Statement of Cash Flows
What does the chart of Accounts List - Answer All of the above.
What are assets? - Answer Resources that a company owns with future
benefit.
Which out of the following is a temporary account? - Answer Sales
To add a new account to the Chart of Accounts From the chart of
Accounts window select - Answer Account, New
Which of the following is considered a permanent account? - Answer
Balance Sheet accounts
, Computerized Accounting
Quickbooks best study exam
questions and answers verified with
accurate solutions 2024\2025
Which of the following is not an income account? - Answer Rent
Expense
Income statement accounts are also called? - Answer Temporary
accounts
Which of the following increases owner's equity? - Answer Business
Profits
All of the following tasks can be completed in the Banking section of the
Home page except - Answer Pay Employees
Examples of undeposited funds are - Answer Customer payments
recorded as received but not yet deposited
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