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Multiple Choice Quiz
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1
Written evidence of business transactions.
A)Desktop.
B)Home page.
C)Source Document.
D)Cloudware
E)All of the above.
2
The area of the Home page where your last log in date is shown.
A)Sales and Services.
B)Information Technology.
C)Corporation.
D)Retail Merchandising.
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)Home page.
E)None of the above.
5
The October transaction register shows Cloud_Ware's:
A)Transactions completed in October.
B)General journal.
C)Home page.
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 shows each accounts debit and credit balance.
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.





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