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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

#SPJ1

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The ability to meet short-term obligations and to efficiently generate revenues is called?
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The ability to meet short-term obligations and efficiently generate revenues is called Liquidity and efficiency.

When a financial asset or security may be quickly and easily converted into cash without depreciating in value, this is referred to as having liquidity.

In other words, the degree to which an asset may be swiftly purchased or sold on the market at a price representing its underlying value is referred to as liquidity. Due to its ease and speed of conversion into other assets, cash is regarded as the most liquid asset.

Business efficiency is the amount of output a firm or organization can create given the time, money, and resources available. In other words, a company's efficiency refers to how well it can turn resources like labor, capital, and raw materials into services and goods that generate income.

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8 0
1 year ago
Diggity Dank Corporation uses an activity-based costing system with two activity cost pools. Diggity Dank uses direct labor hour
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Answer:

it is c I guessed that I hope its right

8 0
3 years ago
Which of the following is a major difference between the​ AD-AS model and the dynamic​ AD-AS model? The dynamic​ AD-AS model ass
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D

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5 0
3 years ago
An insured purchased an insurance policy 5 years ago. last year, she received a dividend check from the insurance company that w
grandymaker [24]
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Graphical Designs is offering 10-10 preferred stock. The stock will pay an annual dividend of $10 with the first dividend paymen
tresset_1 [31]

Answer:

PV of the stock today = $115.83

Explanation:

We will use the discounted cash flows approach to calculate the price of the stock today. This approach values the stock by accumulating the present value of all the expected future cash flows from the stock/asset.

As the preferred stock pays a constant dividend after equal intervals of time and for an indefinite period, it can also be treated as a perpetuity. Thus, the formula for the present value of perpetuity will be used to calculate the price of the stock at year 10 that we will discount back to today.

Present value of perpetuity = Cash flow  / expected rate of return

PV of stock at Year 10 = 10 / 0.052

PV of stock at Year 10 = 192.3076923

The value of the today will be,

PV of the stock today = 192.3076923 / (1+0.052)^10

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6 0
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