Final answer:
The statement is false. Accounting software usually includes features such as an aging report or overdue indicators in the pay bills window to highlight overdue bills.
Step-by-step explanation:
The statement 'The pay bills window does not tell you which bills are overdue' is false. Most accounting software has features that help track the status of bills. These applications typically include a payable aging report or an indicator within the pay bills window that highlights overdue bills. Users can quickly identify which bills have not been paid by the due date, helping them to manage their finances and avoid late payment fees.