When setting up a new company, QuickBooks automatically creates:

A. Chart of Accounts
B. Vendors List
C. Customers List
D. Employee List


Answer: A

Business

You might also like to view...

If Sun Company acquired Star, Inc. many years ago in a pooling of interests transaction, the entry would have used which one of the following to account for the pooling?

A. Book value of Star's assets B. Future value of Star's assets C. Fair value of Star's assets D. Net present value of Star's assets

Business

As a follow-up to the marketing research report, the researcher might assist the client with implementing the findings

Indicate whether the statement is true or false

Business

A form of research in which present behavior or the results of past behavior are viewed and recorded is _____

a. a survey b. experimentation c. observation d. simulation

Business

A work order is a list of the hierarchy of components, their description, and the quantity of each required to make one unit of the product

Indicate whether the statement is true or false

Business