QuestionMay 27, 2025

To customize a company's Chart of Accounts to align with the company's tax return, we can customize the Chart of Accounts by: Adding accounts Masking accounts Editing accounts All of the above

To customize a company's Chart of Accounts to align with the company's tax return, we can customize the Chart of Accounts by: Adding accounts Masking accounts Editing accounts All of the above
To customize a company's Chart of Accounts to align with the company's tax return, we can customize the Chart of Accounts by:
Adding accounts
Masking accounts
Editing accounts
All of the above

Solution
4.0(251 votes)

Answer

All of the above Explanation 1. Identify Customization Options The customization of a Chart of Accounts can involve adding, masking, or editing accounts to align with specific needs. 2. Evaluate Each Option Adding accounts allows for new categories. Masking accounts hides them from view without deletion. Editing accounts modifies existing entries. 3. Determine Comprehensive Solution All options (adding, masking, editing) are valid methods for customizing the Chart of Accounts.

Explanation

1. Identify Customization Options<br /> The customization of a Chart of Accounts can involve adding, masking, or editing accounts to align with specific needs.<br /><br />2. Evaluate Each Option<br /> Adding accounts allows for new categories. Masking accounts hides them from view without deletion. Editing accounts modifies existing entries.<br /><br />3. Determine Comprehensive Solution<br /> All options (adding, masking, editing) are valid methods for customizing the Chart of Accounts.
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