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aniked [119]
3 years ago
12

Which 4 statements are correct regarding the QuickBooks Online Receipt Capture feature?

Business
1 answer:
Scilla [17]3 years ago
3 0

Answer:

A. The Receipt Capture feature uses Optical Character Recognition (OCR) technology to read and transform receipt data to QuickBooks Online.  ⇒ TRUE

B. If QuickBooks Online finds an expense already entered in QuickBooks Online, it will suggest that you match the receipt to the existing transaction.  ⇒ TRUE

C. You can snap a picture of a receipt, then review, match, or add it directly from the QuickBooks Online mobile app.  ⇒ TRUE

D. QuickBooks Online will fill in the fields it can for the expense using the OCR data.  ⇒ TRUE

Explanation:

the other options are false because:

  • E. You can assign a payee, account, payment date, category, description, amount, and memo to the expense transaction in the Review screen.
  • F. You can only have one sender email registered to forward receipts in each company. ⇒ FALSE, you can connect to multiple accounts, generally for different clients. You can use the "Add new sender" link.
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Which of the following is a journal entry to recognize the disposal​ value? A. Manufacturing Overhead Control XXX Workminusinmin
adell [148]

Answer:

B. Materials Control XXX Work in minus Process Control XXX

Explanation:

The journal entry is as follows

Material Control XXX

           To Work in process control

(Being the disposal value is recognized)

While recording this given entry we debited the material control account and credited the work in process control so that the correct posting could be done

Hence, the correct option is B.

8 0
3 years ago
A 4-year project has an annual operating cash flow of $42,000. At the beginning of the project, $6,000 in net working capital wa
OLEGan [10]

Answer:

Total cash flow $54,613

Explanation:

The computation of the year 4 cash flow is given below:

Selling price of equipment $6,920

Book value at year 4 end $5,460

Capital gain $1,460

Tax on capital gain at 21% $306.6

So,  net cash flow from the sale of equipment  

= $6,920 - $307

= $6,613

Now year 4 cash flow is  

Annual operating cash flow $42,000

Release of working capital  $6,000

Net cash flow form sale of equipment $6,613  

Total cash flow $54,613

3 0
3 years ago
All of the following would affect the position of the supply curve for cranberries, except: Question 28 options: the price of ag
myrzilka [38]

The factor that would not affect the position of the supply curve for cranberries is the popularity of cranberry drinks.

The supply curve is a graph that shows the relationship between price and the quantity supplied. The supply curve is positively sloped. A change in the position of the supply curve can either be an outward shift or an inward shift. An outward shift indicate an increase in supply and an inward shift indicates a decrease in supply.

An increase in the price of agricultural land and the cost of fertilizers increases the cost of producing cranberries . This would lead to an inward shift of the supply curve. On the other hand, a decrease in the price of  agricultural land and the cost of fertilizers would lead to an outward shift of the supply curve.

The development of a new pest control for cranberry production would lead  to an outward shift of the supply curve as more cranberries can be produced.

Please check the attached image for a graph showing an increase in supply. To learn more about the supply curve, please check: brainly.com/question/1915798

5 0
2 years ago
The ________ states that the opportunity cost of producing a good always rises as one produces more of it. group of answer choic
quester [9]

The <u>law of increasing relative cost </u>states that the opportunity cost of producing a good always rises as one produces more of it.

According to the law of increasing costs, production eventually loses efficiency as it grows. The labor expenses for each additional item will increase, for instance, if increased production requires overtime work from your workforce.

Opportunity cost is the value of other commodities or services you must forgo in order to get your desired item. The term "cost" as used by economists often refers to opportunity cost. Cost is frequently mentioned in conversations or on the news.

According to the law of increasing opportunity cost, the cost of manufacturing the next unit rises as you keep up with the production of a given good.

Find more about opportunity cost

brainly.com/question/24229740

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6 0
1 year ago
Explain importance of office resources in points.​
xenn [34]

Answer:

A question is an utterance which typically functions as a request for information, which is expected to be provided in the form of an answer. Questions can thus be understood as a kind of illocutionary act in the field of pragmatics or as special kinds of propositions in frameworks of formal semantics such as alternative semantics or inquisitive semantics. Questions are often conflated with interrogatives, which are the grammatical forms typically used to achieve them. Rhetorical questions, for example, are interrogative in form but may not be considered true questions as they are not expected to be answered.

6 0
3 years ago
Read 2 more answers
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