Question: Why is it advised that a company selects the proper Industry type under Company Name? Select an answer: so the company's status as a sole

Why is it advised that a company selects the proper Industry type under Company Name? Select an answer: so the company's status as a sole proprietor, partnership, or corporation is reflected so the benchmark reports and dashboards are compared against the right industry type so QuickBooks can appropriately determine the company's tax liability

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