TRX December 2nd, 2009

30 Questions | Attempts: 76
Share
SettingsSettings
Please wait...
  • 1/30 Questions

    If a form in the Forms Tree has a red exclamation point beside it, what does that mean?

    • It is ready to be sent immediately
    • The due date for it to be filed has passed
    • The calculations are wrong
    • At least one required field is empty
Please wait...
TRX December 2nd, 2009 - Quiz
About This Quiz

This test covers the information covered on day one of the TRX Pro-TW training.

Quiz Preview

  • 2. 

    What is the Keyboard Shortcut for printing the return you are currently viewing?

    • Alt + F9

    • Alt + F1

    • Ctrl + Y

    • Ctrl + P

    Correct Answer
    A. Ctrl + P
  • 3. 

    What is the Keyboard Shortcut for displaying the Help window?

    • F1

    • F2

    • F3

    • F4

    Correct Answer
    A. F1
  • 4. 

    After installing the program, where are the two places you have to type in your EFIN?

    • System Snapshot and View Authorization

    • Reindex Database and Install Federal Updates

    • Taxwise Help and About Taxwise

    • Set up Options and Register Software

    Correct Answer
    A. Set up Options and Register Software
  • 5. 

    What is the keyboard shortcut for Search/Query for Taxpayer?

    • Shift + F5

    • Shift + F8

    • Ctrl + Q

    • Ctrl + S

    Correct Answer
    A. Ctrl + Q
  • 6. 

    What is the Keyboard Shortcut for saving a return?

    • F1

    • F2

    • F3

    • F4

    Correct Answer
    A. F2
  • 7. 

    What is the Keyboard Shortcut for going to the nest required entry on a tax form?

    • Ctrl + F10

    • Ctrl + N

    • Ctrl + L

    • Ctrl + E

    Correct Answer
    A. Ctrl + E
  • 8. 

    What is the Keyboard Shortcut for running diagnostics?

    • Ctrl + M

    • Ctrl + D

    • Ctrl + F1

    • Ctrl + O

    Correct Answer
    A. Ctrl + D
  • 9. 

    What is the Keyboard Shortcut for starting a new return?

    • Ctrl + N

    • Ctrl + R

    • Ctrl + Z

    • Ctrl + F9

    Correct Answer
    A. Ctrl + N
  • 10. 

    You can only add a form to a return through the Add Form/Display Form List.

    • TRUE

    • FALSE

    Correct Answer
    A. FALSE
    Explanation
    You can use the Form List, Link by right clicking and choosing the form, or clicking the link button beside the input box.

    Rate this question:

  • 11. 

    You can adjust the form size when editing a return.

    • TRUE

    • FALSE

    Correct Answer
    A. TRUE
  • 12. 

    What is the Keyboard Shortcut for getting acknowledgements?

    • Ctrl + G

    • Ctrl + M

    • Shift + F10

    • Shift + F9

    Correct Answer
    A. Ctrl + G
  • 13. 

    It’s best to log in as ADMIN and fill out a client's entire return in Edit Tax Form Defaults before you start your returns from the GUEST account.

    • TRUE

    • FALSE

    Correct Answer
    A. FALSE
    Explanation
    Only fill-out data you want to carry to every single return in the Edit Tax Form Defaults because it will appear on all subsequent returns.

    Rate this question:

  • 14. 

    In ADMIN, you have the ability to do all of the following except

    • Transfer Files from one user to another

    • Open client returns

    • Create new users

    • Set form defaults

    Correct Answer
    A. Open client returns
  • 15. 

    After installing Taxwise and launching the program for the first time, what will be the first thing you must do?

    • Restart your computer

    • Input your company information

    • Install the shortcuts

    • Reindex your database

    Correct Answer
    A. Input your company information
  • 16. 

    When logged in as ADMIN, where do you go to create new users?

    • Edit Tax Form Defaults

    • File menu

    • Taxwise Utilities/Setup Options

    • Edit Menu

    Correct Answer
    A. Taxwise Utilities/Setup Options
  • 17. 

    You can fill out your invoice settings when logged in as ADMIN under Edit Tax Form Defaults.

    • TRUE

    • FALSE

    Correct Answer
    A. TRUE
    Explanation
    You will add the Price Form and set your prices, which will carry to all subsequent returns.

    Rate this question:

  • 18. 

    Where are the Taxwise files stored on the computer in a typical standalone install?

    • Taxwise08 Folder

    • Tax Returns 2008 Folder

    • UTS08 Folder

    • CCH08 Folder

    Correct Answer
    A. UTS08 Folder
  • 19. 

    In the Taxwise Utilities/Setup Options, where do you go to change your company information?

    • Communication

    • File

    • Setup

    • Tools

    Correct Answer
    A. Setup
  • 20. 

    You can only download conversions from support.taxwise.com

    • TRUE

    • FALSE

    Correct Answer
    A. FALSE
    Explanation
    The conversions for our software are available at www.trxpro.com

    Rate this question:

  • 21. 

    What menu would you find the option of Search/Query for Taxpayer?

    • Communications

    • File

    • Reports

    • Help

    Correct Answer
    A. File
  • 22. 

    By default, what is the password set to when you login to Taxwise for the first time?

    • Your user name

    • Your EFIN

    • Your Client ID

    • There is no password

    Correct Answer
    A. There is no password
  • 23. 

    Back-up, Restore, and Carry Forward are all found under which menu?

    • Tools

    • Communications

    • File

    • Edit

    Correct Answer
    A. Tools
  • 24. 

    Which Menu will you go to in order to start a return in which the Taxpayer needs to apply for an ITIN?

    • File

    • Form

    • Bank

    • Tools

    Correct Answer
    A. File
  • 25. 

    After installing the conversion, what is the path to access it?

    • Start > All programs > TaxWise 2009 > Conversion

    • Taxwise > File > Conversion

    • My Computer > Local Disk > Conversion

    • Start > Control Panel > Conversion

    Correct Answer
    A. Start > All programs > TaxWise 2009 > Conversion
  • 26. 

    When running a conversion to TW, you must run the conversion from ___ to ___.

    • Prior software 08, Taxwise 09

    • Prior software 09, Taxwise 09

    • Taxwise 08, Taxwise 09

    • Prior software 08, Taxwise 08

    Correct Answer
    A. Prior software 08, Taxwise 08
  • 27. 

    You only need to download one conversion to convert both individual and business returns, if needed, from your previous software to your Taxwise software.

    • TRUE

    • FALSE

    Correct Answer
    A. FALSE
    Explanation
    There are separate conversions for individual returns and business returns.

    Rate this question:

  • 28. 

    If you need to create a new 1040 return, but every time you click New Return it asks for an EIN, where should you go to enable creating a new return with a SSN?

    • Change Tax Package

    • Change User

    • Client Profile

    • Report Center

    Correct Answer
    A. Change Tax Package
  • 29. 

    The default path to get to the tax return files in a stand alone installation of Taxwise is

    • C:\TW08\USERS\GUEST

    • C:\TW08\USERS\CLIENTDATA

    • C:\UTS08\USERS\GUEST

    • C:\UTS08\TWW08\USERS\GUEST

    Correct Answer
    A. C:\UTS08\USERS\GUEST
  • 30. 

    What utility is used to move, copy, and rename returns?

    • Taxwise Explorer

    • Client Profile

    • Communications

    • Client Organizer

    Correct Answer
    A. Taxwise Explorer

Quiz Review Timeline (Updated): Mar 20, 2022 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 20, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Nov 25, 2009
    Quiz Created by
    Eking
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.