MULTIPLE CHOICE 1. The first level of a computerized accounting system, which involves recording the company name, address, identification numbers, fiscal periods, accounts, and balances, is called a. New Company Setup. b. Lists/Centers. c. Activities. d. Reports. 2. The order of operations in QuickBooks is a. Activities, Reports, New Company Setup, Lists/Centers. b. New Company Setup, Lists/Centers, Activities, Reports. c. Updating Lists/Centers, New Company Setup, Activities, Reports. d. Reports, New Company Setup, Activities, Updating Lists/Centers. 3. The phase of a computerized accounting system in which day-to-day transactions are entered into the system is called a. New Company Setup. b. Lists/Centers. c. Activities. d. Reports. 4. is the process of recording, summarizing, and presenting the financial information of a company. a. Reconciling b. Accounting c. Financing d. All of the choices are correct. 5. In the No Company Open window, the choices include a. Create a new company, Open or restore an existing company, and Open a sample file. b. Create a new company, Open an existing company, and Back up a company file. c. Create a new company, Delete an existing company, and Edit an existing company. d. Create a new company, Restore an existing company, and Back up a company file. 6. Which is not a version of the QuickBooks software? a. QuickBooks Pro b. QuickBooks Premier c. QuickBooks Enterprise Solutions d. QuickBooks Consolidation Solutions 7. What file extension is automatically assigned to the working copy of a company file in QuickBooks? a. .QBR b. .QBW c. .QBN d. QBB 1
MULTIPLE CHOICE 1. The first level of a computerized accounting system, which involves recording the company name, address, identification numbers, fiscal periods, accounts, and balances, is called a. New Company Setup. b. Lists/Centers. c. Activities. d. Reports. 2. The order of operations in QuickBooks is a. Activities, Reports, New Company Setup, Lists/Centers. b. New Company Setup, Lists/Centers, Activities, Reports. c. Updating Lists/Centers, New Company Setup, Activities, Reports. d. Reports, New Company Setup, Activities, Updating Lists/Centers. 3. The phase of a computerized accounting system in which day-to-day transactions are entered into the system is called a. New Company Setup. b. Lists/Centers. c. Activities. d. Reports. 4. is the process of recording, summarizing, and presenting the financial information of a company. a. Reconciling b. Accounting c. Financing d. All of the choices are correct. 5. In the No Company Open window, the choices include a. Create a new company, Open or restore an existing company, and Open a sample file. b. Create a new company, Open an existing company, and Back up a company file. c. Create a new company, Delete an existing company, and Edit an existing company. d. Create a new company, Restore an existing company, and Back up a company file. 6. Which is not a version of the QuickBooks software? a. QuickBooks Pro b. QuickBooks Premier c. QuickBooks Enterprise Solutions d. QuickBooks Consolidation Solutions 7. What file extension is automatically assigned to the working copy of a company file in QuickBooks? a. .QBR b. .QBW c. .QBN d. QBB 1
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter1: The Information System: An Accountant’s Perspective
Section: Chapter Questions
Problem 9P: CHARACTERISTICS OF USEFUL INFORMATION All records in a file must be uniquely identifiable in at...
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