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1 year ago

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.

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Because the ego is the rational part of the personality, it sometimes plays referee between the wishes of the Id and the Superego. The ego or your ego is referred to be your conscious mentality and it is also your perception of your own self.

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3 years ago

Describe a scenario that forced you to wrestle with your values?

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Answer:

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Explanation:

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3 years ago

On November 1, 20X1, Starbucks paid the rent of $90,000 for 40 of its stores in Colorado and Nebraska. The rent covers the perio

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Answer:

Part (1) November 1

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The relevant entry would be:

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3 years ago

Prior to 2008, CBS Corp. owned approximately 18% of Westwood One, Inc., which managed the CBS Radio Network. CBS, in turn, manag

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Answer and explanation:

The influence a company may have over another when one of them has a number of shares that belongs to the other is determined by the percentage of ownership that the number of shares represent. If its lower than 20%, it is said the company has no influence over the other. From 20% to 50% one company has significant influence over the other. Finally, with more than 50% of the outstanding shares in possession, one company has control over the other.

In that case, CBS Corp. has no influence over Westwood One, Inc. since it owns only 18% of the outstanding shares.

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3 years ago

Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2,600 per month plus $51 per boat. For the month of

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Answer:

The Correct answer is $85 U.

Explanation:

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Difference among Budgeted and Actual is $ 85 for example abundance spending than planned subsequently this difference is Unfavorable for organization.

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3 years ago