Question: When setting up a new company, you should make sure that your chart of accounts type codes are correct because A. They can be used

When setting up a new company, you should make sure that your chart of accounts type codes are correct because

A. They can be used as selections of criteria for many reports

B. They impact your financial statements

C. They control how balances are handled at fiscal year end

D . They help speed up data entry

E. They can prevent coding errors

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