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denis-greek [22]
1 year ago
7

Which 2 statements are true regarding the multicurrency function in quickbooks online?

Business
1 answer:
kkurt [141]1 year ago
7 0

The 2 statements that are true regarding the multicurrency function in QuickBooks online are

  • Once multicurrency has been enabled, you cannot disable this feature
  • For most of the commonly used currencies, the rates are updated every 4 hours.

This is further explained below.

What is multicurrency?

Generally,  It's a special kind of bank account that lets you transfer, receive, and keep many different currencies at the same time.

A multi-currency account enables you to utilize a single account number for each kind of currency, which eliminates the need to create several bank accounts, each of which would have a unique account number that would need to be kept track of.

In conclusion, The statement are

  • Once multicurrency has been enabled, you cannot disable this feature
  • For most of the commonly used currencies, the rates are updated every 4 hours.

Read more about multicurrency

brainly.com/question/17294082

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A company's common stock shares are expected to bring a 13 % return to their investors in case of "recession" state of the econo
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Answer:

The expected rate of return is 8.65%

Explanation:

The expected return on a stock can be calculated by multiplying the return in each scenario by the probability of that scenario. This will provide the expected value of the return based on all these scenarios. Thus, the rate of return is,

Rate of return = rA * pA + rB * pB + rC * pC

Where,

  • r represents the return in each scenario
  • p represents the probability of each scenario

The probability of normal state is = 1 - 0.45 - 0.05  =  0.5

Rate of return = 0.13 * 0.45 + 0.06 * 0.5  + (-0.04) * 0.05

Rate of return = 0.0865 or 8.65%

3 0
3 years ago
Which of the following is an example of a price?
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The answer is liquidity (A)
4 0
3 years ago
A large national bank charges local companies for using their services. A bank official reported the results of a regression ana
Snowcat [4.5K]

Answer:

The correct option is (b).

Explanation:

The regression equation to predict the bank's charges (Y) measured in dollars per month for services rendered to local companies based upon the company's sales revenue (X) measured in millions of dollars is:

\hat Y=-3100+27X

The <em>y</em>-intercept of the line is, -3100.

The slope of the line is, 27.

The <em>y-</em>intercept of a regression line is defined as the average value of the dependent variable when the independent variable value is 0.

The dependent variable, in this case, is the bank's charges and the independent variable is the company's sales revenue.

As the company's sales revenue cannot be $0, the <em>y</em>-intercept cannot be interpreted.

Thus, the correct option is (b).

5 0
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Darcy Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar
meriva

Answer:

$ 102,100

Explanation:

Based on the scenario been described in the question the incremental Analysis for replacement of old equipment:

Cost of New used lift

$ 190,500

Saving in Incremental Cost of Repair of old lift

$ (45,000)

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Saving in Incremental Costs

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Hence, the net income shall increase by $102,100 if the old liftis replaced.

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3 years ago
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