Final answer:
Whether a system prompts a user to select a Credit Memo template when beginning a new Credit Memo depends on the software in use. Many systems have this feature to ensure consistency and efficiency, but it's not universal.
Step-by-step explanation:
True or False: When a user begins a Credit Memo, the system prompts you to select the Credit Memo template.
This statement can be either true or false depending on the specific accounting or invoice management software being used. In many software systems, when creating a new Credit Memo, the system may indeed prompt the user to select a template to ensure consistency and accuracy of documentation. This template can also help speed up the process of creating a Credit Memo by pre-filling certain information. However, this is not a universal feature and some systems may require the user to enter details manually without using a template.
Overall, this feature is designed to streamline the accounting processes and ensure that all credit transactions are recorded accurately for financial reporting and analysis.