When Creating a New QuickBooks Data File for an Existing

question 9

Multiple Choice

When creating a new QuickBooks data file for an existing company, opening balances are added when you:

• A)Customize the Chart of Accounts
• B)Add vendors to the vendor list
• C)Add customers to the customer list
• D)Add inventory the item list

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Definitions:

Commercial Success

The achievement of financial profitability and market popularity for a product, service, or venture.

Multinational Corporations

Large business organizations that operate in several countries around the world, often exerting significant economic and political influence.

Technological Innovation

The process of developing and applying new technologies or improvements to existing technologies to solve problems or enhance capabilities.

Research Efforts

Systematic investigations with the aim of establishing facts and reaching new conclusions.