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

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

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter1: Role Of Accounting In Society

Section: Chapter Questions

Problem 19MC: What type of organization primarily offers tax compliance, auditing, and consulting services? A....

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What type of organization primarily offers tax compliance auditing and consulting service A. Corporation B. Public accounting firms C. Government entities D. Universities