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Which of the Following Statements Is True When Setting Up

Question 41

Multiple Choice

Which of the following statements is true when setting up your accounting system?


A) Accounting needs are the same regardless of industry.
B) Even the smallest businesses need formal record keeping.
C) The actual task of setting up an accounting system is quite easy if you understand accounting a bit.
D) It is illegal to outsource your accounting system.

Correct Answer:

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