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Saved Help Save & E Which of the following is correct regarding QuickBooks Online Chart of Accounts? Multiple Choice By customizing the QuickBooks Online Chart

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Saved Help Save & E Which of the following is correct regarding QuickBooks Online Chart of Accounts? Multiple Choice By customizing the QuickBooks Online Chart of Accounts to align with the business tax return, countless hours can be saved in preparation time O QuickBooks Online does not encourage editing of its Chart of Accounts since too many errors can be made by changing what was initially set up when the company was organized. QuickBooks Online does allow editing of the accounts in the Chart of Accounts, however, it only allows authorized users to make changes. QuickBooks Online codes accounts for tax return preparation tracking. QuickBooks Online is not able to assist in tax return preparation and only requests legal entity status for Chart of Accounts account purposes. Changes to the Chort of Accounts are encouraged and should happen often.

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