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True False Quiz
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1

To start your journals on January 1, 2005, select December 1-31, 2004 as the chart of accounts beginning balance period.
A)True
B)False
2

Peachtree uses the periodic inventory system, which means inventory items are not updated until the end of the accounting period.
A)True
B)False
3

Both selling price and unit cost defaults are set up on the Maintain Inventory Items screen.
A)True
B)False
4

The form you select for printing checks is tied to the kind of printer you are using. Depending on your printer, you may need to make a different selection when printing forms.
A)True
B)False





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