The Company Preferences window allows you to:

A) print account names on vouchers.
B) start with payee field on check.
C) warn about duplicate check numbers.
D) all of the above

Answer: D

Business

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Operating losses incurred during the start-up years of a new business should be

a. accounted for and reported like the operating losses of any other business. b. written off directly against retained earnings. c. capitalized as a deferred charge and amortized over five years. d. capitalized as an intangible asset and amortized over a period not to exceed 20 years.

Business

In originating a new loan, an amortization table can be used to determine the:

A. down payment B. interest rate C. length of the loan term D. monthly payment amount

Business