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QuickBooks chapter 8 (2022/2023) Rated A+
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what are the steps to create a profit and loss budget? - gear icon - budgeting - add budget - enter info what value do budgets provide a business? - provide internal control over business activities - help ID and resolve problems why should a business reconcile a checking account? reconciliation helps ID any unusual transactions that can be caused by fraud or accounting errors. who should prepare a bank reconciliation? someone other than the accountant or bookkeeper explain the difference between the Budget Overview Report and budget vs. Actual Report? Budget Overview only lists budget data. Budget vs Actual lists budget data and actual transactions
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quickbooks chapter 8 20222023 rated a
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