Question: 1 T F The ownership structure selected when setting up a company in Sage 50 determines the Asset accounts. 2 T F For each user,

1 T F The ownership structure selected when setting up a company in Sage 50 determines the Asset accounts. 2 T F For each user, rights can be assigned by module and specific access can be granted within each module. 3 T F You can choose either Accounting or Non-accounting terms in Sage 50. 4 T F Account Payable is an example of an Equity account 5 T F A debit to an asset account will increase the value of the account

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