QuickBooks online 2024/2025 Exam with Complete Solutions

QuickBooks online 2024/2025 Exam with Complete Solutions When setting up a new QuickBooks account, which of the following is TRUE about the Chart of Accounts? It is possible to add more accounts after starting a new company. This is correct. QuickBooks creates a Chart of Accounts for you, but you can add, edit, and/or remove accounts after starting a new company in QuickBooks. You just set up a new QuickBooks company and your employer needs you to create a Chart of Accounts. Which of the following is TRUE? Accounts are automatically created based upon your industry type, however you CAN add more accounts later. This is the correct answer. A Chart of Accounts is created when a company is first set up, however you can add more accounts after the startup process.