5. Who controls user access and monitors user activity?A. Individual usersB. Master SupervisorC. ComptrollerD. Master Administrator6. What account type is considered a liability?A. Fixed AssetsB. Accounts ReceivableC. BankD. Accounts Payable7. Opening balances are entered:A. via the Gear menuB. on the day the expenses were incurredC. on the Chart of AccountsD. as a Journal Entry or directly into the account register

Correct option is (D) Master administrator. Master administrator is a person who is also known as…

. Master Supervisor E. Comptroller . Master Administrator What account type is considered a liability? Fixed Assets Accounts Receivable Bank . Accounts Payable Opening balances are entered: - via the Gear menu . on the day the expenses were incurred on the Chart of Accounts lournal Entry or directiv into the cCount register

. Master Supervisor E. Comptroller . Master Administrator What account type is considered a liability? Fixed Assets Accounts Receivable Bank . Accounts Payable Opening balances are entered: - via the Gear menu . on the day the expenses were incurred on the Chart of Accounts lournal Entry or directiv into the cCount register

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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