Homework answers / question archive / 45) Who can change the settings on the Company Preferences tabs? a

45) Who can change the settings on the Company Preferences tabs? a

Accounting

Share With

45) Who can change the settings on the Company Preferences tabs? a. The owner of the company b. Any user who can access the ?le c. The accounting manager d. The user indicated as an Administrator or External Accountant of the company file 46." the Require Accounts option is turned off, sales transactions entered without a speci?ed account will be posted to: a. Revenue b. Equity c. Uncategcrized Income d. Uncategcrized Equity 47. Which account type should be chosen for account used to record customer credit card receipts? a. Bank b. Bank — Credit Card c. Credit Card d Accounts Receivable 48. How are opening balances added for an expense account? a. Using the Enter Opening Balances button on the Add New Account form b. Using the Historical Infonnation ?eld on the Add New Account form c. As an adjusting entry alter the account has been created d. By right-clicking the account in the Chart of Accounts and selecting Add Balance 49. How should the opening balances of contra-accounts be entered? a. As a negative value b. With a dollar sign c. As a positive value d. With parentheses around the value 50. Under which preference heading would you find the option to use account numbers? a. Desktop View b. Accounting c. General d. Integrated Applications