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Dbit 206 Business Accounting Software Question Paper

Dbit 206 Business Accounting Software

Course:Diploma In Business Information Technology

Institution: Kca University question papers

Exam Year:2012

UNIVERSITY EXAMINATIONS: 2011/2012
EXAMINATION FOR THE DIPLOMA IN BUSINESS INFORMATION
TECHNOLOGY
DBIT 206 BUSINESS ACCOUNTING SOFTWARE
DATE: MARCH, 2012 TIME: 1½ HOURS
INSTRUCTIONS: Answer Any Three Questions
QUESTION ONE
a) Distinguish between
i. Income and expense accounts (4Marks)
ii. Accounts payable and accounts receivable (4 Marks)
iii. GUI and CUI with regard to accounting software (2 Marks)
b) List TEN industries that can be handled using QuickBooks (10 Marks)
QUESTION TWO
a) Define an operating system (2Marks)
b) Give FOUR examples of operating systems (4 Marks)
c) Differentiate an expense from a purchase (4 Marks)
d) List FIVE item types in QuickBooks (5 Marks)
e) Distinguish between a service and non-inventory part (4 Marks)
f) State one benefit of end-user training (1Mark)
2
QUESTION THREE
a) Define the following terms used in QuickBooks (10 Marks)
i. Discount
ii. Payment terms
iii. Classes
iv. Easy interview
v. Restore
b) When is it appropriate to use the opening balance option (3 Marks)
c) Capital =Assets + liability: Is this statement correct or NOT. Give three reasons (4 Marks)
d) State THREE types of liabilities recorded in QuickBooks (3 Marks)
QUESTION FOUR
a) How would you migrate your quicken data to QuickBooks (2 Marks)
b) What are the SIX dangers of using QuickBooks when the internet is connected to your machine
(6 Marks)
c) i. What version have you been using for QuickBooks? (2 Marks)
ii. When was it released? (2 Marks)
iii. Who is the manufacturer? (2 Marks)
d) What would be the THREE reasons why the trial balance may not balance (6 Marks)
QUESTION FIVE
a) Distinguish between debit and credit card (4Marks)
b) Define the terms as used in quickbooks (6 Marks)
i. Lists
ii. Forms
iii. Registers
c) When would it be suitable to use the following options in the vendors navigator ( 6 Marks)
i. Enter bills only
ii. Enter bills with items
iii. Enter items only
d) What is a bank reconciliation ( 2Marks)
e) State the difference between sales tax and Value added Tax (VAT) (2 Marks)

Dbit 206 Business Accounting Software Question Paper

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