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2 years ago

How does QuickBooks Online use machine learning in its reconciliation tool to help find any hidden transactions

1 answer:

7 0

Answer: b. It can identify transactions where the transaction date is in a future period and the cleared date is in the statement period .

Explanation:

QuickBooks online uses machine learning based on the transactions that it conducts with its millions of users so that it provides a better experience for those same users.

One way machine learning is used is in reconciliation where it identifies transactions that may have a future date but by virtue of their clearing dates should be in the current period and so may have been hidden.

You might be interested in

A person who buys stocks to make a little extra money consistently each year would be said to be doing so for __________________

blondinia [14]

Answer:

Investment

Explanation:

To invest is to allocate money in the expectation of some benefit/return in the future.

3 0

3 years ago

The process of gathering information about the competitive environment, including competitors' plans, activities, and products,

Sholpan [36]

Answer: (C) Competitive intelligence

Explanation:

The competitive intelligence is one of the process of analyzing the various types of information that helps in learned abut the market, consumers and the competitors.

The main objective of the competitive intelligence is that it helps in support the various types of strategic decisions in an organization.

According to the given question, the competitive intelligence is helps in gathering the data for improving the ability of an organization in this competitive environment.

Therefore, Option (C) is correct answer.

6 0

3 years ago

Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The

nexus9112 [7]

Answer:

The correct answer is $177,955.

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital in excess of par account = $74,500

Common stock = $85,000

Retained earning = $141,500

So, we can calculate the balance in the capital in excess of par account be after the dividend by using following formula:

Capital after Dividend = Balance sheet amount of Capital + ( Issued additional share × Capital in excess of par per share )

Where,

Issued additional share = 11% × $85,500 = 9,405

And Capital in excess of par per share = $12 - $1 = $11

By putting the value, we get

Capital after dividend = $74,500 + ( 9,405 × $11)

= $74,500 + $103,455

= $177,955

8 0

2 years ago

Solar represents a minuscule portion of u.s. energy production because of ________.

lions [1.4K]

I believe it should be lack of investment

6 0

3 years ago

g "If the unit sales price is $16, variable costs are $4 per unit and fixed costs are $14,000, how many units must be sold to ea

lutik1710 [3]

Answer:

14,500

Explanation:

Income = Total revenue - Total cost

Total cost = total Fixed cost + Total variable cost

total Fixed cost = $14,000

Total Variable costs = variable cost per unit x quantity = $4q

Total cost = $14,000 + $4q

Total revenue = price x quantity = $16q

$160,000 = = $16q - $14,000 - $4q

$174,000 = $12q

Q = 14,500

I hope my answer helps you

4 0

3 years ago