Site MapHelpFeedbackMultiple Choice Quiz
Multiple Choice Quiz
(See related pages)

1
Written evidence of business transactions.
A)Desktop.
B)Dashboard.
C)Source Document.
D)Cloudware.
E)All of the above.
2
To record the owner's investment, what selection is made?
A)Income.
B)Expenses.
C)Gear > Account and Settings.
D)+ > Journal Entry.
E)None of the above.
3
A journal entry is a transaction in which:
A)There are at least two parts - a debit and a credit.
B)Debit and credit distribution lines.
C)Each line has an account from the chart of accounts.
D)The total of the debits and credits equal.
E)All of the above.
4
Checks, payments, bills, bank deposits, and transfers are entered on:
A)The general journal.
B)Specialized screens.
C)Activities.
D)Dashboard.
E)None of the above.
5
The October transaction register shows QB Cloud's:
A)Transactions completed in October.
B)General journal.
C)Dashboard.
D)Checking account activity.
E)All of the above.
6
You can transfer funds between most balance sheet accounts except:
A)Accounts Payable and Account Receivable accounts.
B)Account 101 Checking and Account 205 Loan Payable
C)Cash and sales.
D)Customer and vendor accounts.
E)None of the above.
7
Which QBO feature is used to view the company's financial information?
A)Account listing.
B)Reports.
C)Chart of accounts.
D)Registers.
E)All of the above.
8
This report lists what you own, your debts, and what you've invested.
A)Audit log.
B)Balance Sheet.
C)Profit & Loss.
D)General Journal.
E)All of the above.
9
This report lists the debit and credit balance of each account.
A)Audit log.
B)Balance Sheet.
C)Profit & Loss.
D)Trial Balance.
E)None of the above.
10
This report shows money you earned and money you spent.
A)Company settings.
B)Manage accounts.
C)Profit & Loss.
D)Access lists.
E)All of the above.





To learn more about the book this website supports, please visit its Information Center.
Copyright (c)2018 McGraw-Hill Education .
Any use is subject to the Terms of Use and Privacy Notice | Report Piracy


Computer Accounting with QuickOnline Learning Center

Home > Chapter 3 > Multiple Choice Quiz