After setting up a company, what can you do regarding the chart of accounts?

The correct choice indicates that you can add more accounts later after setting up your company in QuickBooks Online. This feature offers flexibility in managing your finances, as needs may change over time, and additional accounts can be necessary to accurately reflect different aspects of your business.

Having the ability to add accounts allows for ongoing customization of your chart of accounts, enabling businesses to track income, expenses, liabilities, and assets more effectively as their operations evolve. This adaptability is an essential part of using accounting software, as it supports the changing financial landscape of a growing business.

The other options suggest limitations that don't align with the flexible nature of QuickBooks Online. For instance, the idea that no additional accounts can be added later contradicts the purpose of maintaining a dynamic and detailed chart of accounts that reflects a company's financial activities.