In the New Company File Assistant, before pressing the Next button in the 'Create your company file' window, Isabella wants to confirm some of the company settings you selected when creating the company file in MYOB. Isabella asks you to select the correct options that appear throughout the New Company File Assistant that correspond to the company settings required for Hi-Fi Way in MYOB: 12 accounting periods and 'Other' as the industry classification of the business June as the conversion month and a financial year starting in January 12 accounting periods and 'Retail Business, Other' as the industry classification of the business January as the conversion month and a financial year ending in July
In the New Company File Assistant, before pressing the Next button in the 'Create your company file' window, Isabella wants to confirm some of the company settings you selected when creating the company file in MYOB. Isabella asks you to select the correct options that appear throughout the New Company File Assistant that correspond to the company settings required for Hi-Fi Way in MYOB: 12 accounting periods and 'Other' as the industry classification of the business June as the conversion month and a financial year starting in January 12 accounting periods and 'Retail Business, Other' as the industry classification of the business January as the conversion month and a financial year ending in July
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
In the New Company File Assistant, before pressing the Next button in the 'Create your company file' window, Isabella wants to confirm some of the company settings you selected when creating the company file in MYOB.
Isabella asks you to select the correct options that appear throughout the New Company File Assistant that correspond to the company settings required for Hi-Fi Way in MYOB:
| 12 accounting periods and 'Other' as the industry classification of the business | |
| June as the conversion month and a financial year starting in January | |
| 12 accounting periods and 'Retail Business, Other' as the industry classification of the business | |
| January as the conversion month and a financial year ending in July |
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