Test Bank For Computer Accounting With Quick Books 2015 By Donna Kay 17th Edition
ISBN-10: 1259620727, ISBN-13: 978-1259620720
| 1. |
Which screen provides a digital dashboard of a company’s relevant financial data?
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| 2. |
In QuickBooks, how do you enter transaction information?
| A. |
Onscreen forms and scanned images of transaction forms |
| B. |
Onscreen forms and QuickBooks reports |
| C. |
Onscreen Journal and scanned images of transaction forms |
| D. |
Onscreen Journal and Onscreen Forms |
|
| 3. |
All of the following are one of the four main categories of transactions in QuickBooks except:
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| 4. |
Which of the following tasks is completed from the Banking section of the Home page?
| A. |
Enter credit card charges |
| D. |
Record payments received from customers |
|
| 5. |
Which of the following tasks can be completed in the Vendor section of the Home page?
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| 6. |
The Chart of Accounts can be accessed from which section of the Home page?
|
| 7. |
To change a company name in QuickBooks, select the following from the Menu Bar:
| C. |
Company>My Company>Edit> |
|
| 8. |
Which of the following file types identifies a QuickBooks Backup file?
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| 9. |
Which one of the following activities is associated with the Customer section of the Home page?
| C. |
Record refunds and credits |
| D. |
Record inventory received |
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| 10. |
The Home page in QuickBooks consists of all the following sections except:
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| 11. |
The objective of an accounting information system, like QuickBooks, is to:
| A. |
Save company resources, like time and paper |
| B. |
Use the computer for keeping accounting records |
| C. |
Collect, summarize, and analyze data |
|
| 12. |
Accounting information is used to do all of the following except:
| A. |
Prepare financial statements for investors |
| B. |
Prepare tax returns for the IRS |
| C. |
Prepare reports for management |
| D. |
Prepare meeting minutes for the board of directors |
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| 13. |
Your QuickBooks data can be stored in all the following ways except:
| D. |
All of these store QuickBooks data |
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| 14. |
A business transaction is an exchange between:
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| 15. |
Double-entry account records are exchanged in a transaction (debits and credits). Which of the following is recorded when a company purchases (receives) a computer and pays (gives) cash?
| A. |
The computer is recorded as a credit and the cash is recorded as a credit |
| B. |
The computer is recorded as a debit and the cash is recorded as a debit |
| C. |
The computer is recorded as a credit and the cash is recorded as a debit |
| D. |
The computer is recorded as a debit and the cash is recorded as a credit |
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