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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Answer:
The correct answer is D
Explanation:
The voting right is the right which is given to the shareholders of the company to vote on the matters of the corporate policy involving the decisions on the making of the BOD (Board of Directors), making changes in the operations of the corporation, issuing securities and initiate the corporate actions.
So, when the person owns 250 shares, which means owns the percentage of the company grounded on the proportion of the shares the person owns. Therefore, the person along with ownership gets the voting rights as well.
Janice have adjustable rate mortgage.
An adjustable-rate mortgage or ARM is a home loan with a variable interest rate. With the ARM, the initial interest rate is fixed for a period of time.
After that, the interest rate is applied on the outstanding balance resets periodically at yearly or even monthly intervals.
ARMs are also known as variable-rate mortgages and floating mortgages. The interest rate for ARMs is reset based on a benchmark or index, plus an additional spread is also there which is called an ARM margin.
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Answer:
The correct answer is option A.
Explanation:
A perfectly competitive market has large number of sellers producing homogenous products. As a result, no single firm is able to affect the price level. So all the firms have their individual demand curves as a horizontal line at the price level.
This demand curve also represents marginal revenue. The firm is able to maximize profit when the price and marginal revenue is equal to the marginal cost.
Here, the revenue earned from the last unit of product is equal to the cot incurred in producing the last unit.
Answer:
The correct answer is letter "C": feedback.
Explanation:
Feedback control refers to obtaining improvement suggestions typically by consumers or suppliers in a supply chain that allows companies to increase efficiency in their processes. It is useful at the moment of measuring customers' satisfaction with the goods or services provided and could determine the likelihood of those individuals acquiring again goods or services from the firm.
In some cases, control feedback includes a comment section where clients can give additional information on what they would change of the service they received or from the good they bought.
