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True or False
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1
In Peachtree, the new company setup needs to be done by a CPA because it requires so many accounting decisions.
A)True.
B)False.
2
Selecting a sample chart of accounts locks the user into account names and classifications that cannot be deleted or changed.
A)True.
B)False.
3
When setting up beginning balances for October 1, 2005 you must select the preceding month (September 1-30, 2005 at the Maintain; Chart of Accounts, Beginning Balances window before entering account balances).
A)True.
B)False.





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