QuickBooks creates a Chart of Accounts for your company based on:

A. Company address
B. Fiscal or calendar year
C. Federal ID Tax number
D. Industry type


Answer: D

Business

You might also like to view...

When a receiver expresses a reaction to the sender's message, he or she is

A. decoding. B. providing noise. C. encoding. D. understanding. E. providing feedback.

Business

Standards for comparisons in financial statement analysis do not include:

A. Management standards. B. Intra-company standards. C. Guidelines (rules of thumb). D. Industry standards. E. Competitor standards.

Business

Fact Pattern 14-1ALinea, an employee of Hard Labor Industries (HLI), is injured in a work-related accident. Based on the diagnosis of Newt, a doctor, Linea accepts $50,000 from HLI and waives the right to future claims. Newt's diagnosis later proves to have been wrong.Refer to Fact Pattern 14-1A. In terms of the impact on Linea's agreement with HLI, Newt's misdiagnosis is

A. a mistake of fact. B. an expert's puffery. C. innocent misrepresentation. D. negligent misrepresentation.

Business

An electronics store provides discount coupons to its customers when they buy a product. Which marketing activity, other than advertising, does this situation illustrate?

A. Publicity B. Merchandising C. Distribution D. Sales promotion

Business