The Steps to Set Up a New Service Company in QuickBooks

question 5

Multiple Choice

The steps to set up a new service company in QuickBooks with no employees are:

• A)Easy Step Interview > Customer List > Vendor List > Item List
• B)Setup Chart of Accounts > Easy Step Interview > Customer List > Vendor List > Item List
• C)Easy Step Interview > Customize Chart of Accounts > Customer List > Vendor List > Item List
• D)Easy Step Interview > Customer List > Vendor List > Item List > Customize Chart of Accounts

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Definitions:

Human Quality

Intrinsic characteristics or traits that define and distinguish humans, often related to moral, ethical, and emotional capacities.

Giver and Receiver

Roles in a transaction or relationship where one party provides, and the other accepts something.

Incentive Plan

A program designed to motivate and reward employees' performance by offering benefits, bonuses, or compensations.

Team-oriented

A focus or emphasis on working collaboratively in groups rather than individually for better outcomes.