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You've been using a chart of accounts template for a while to set up new clients. You've decided to make a small update to the

You've been using a chart of accounts template for a while to set up new clients. You've decided to make a small update to the template based on your experience of using it. Which of the following statements is true about updating chart of accounts templates ? Select the option you think is correct , then select the Next button Any charts of accounts that were created using this template will also be updated with the changes A duplicate template will be created with the updates to ensure no changes are made to existing accounts set up using the template Updates to chart of accounts templates don't affect any accounts that were set up using the template You can't update a template that has already been applied to any of your clients accounts

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