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When setting up a new company, you should make sure that your Chart of Accounts type codes are correct because Select all answers that apply:

When setting up a new company, you should make sure that your Chart of Accounts type codes are correct because
Select all answers that apply:
A. they can be used as selection criteria for many reports
B. they impact your financial statements
C. they control how balances are handled at fiscal year end
D. they help speed up data entry
E. they can prevent coding errors

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