1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slega [8]
2 years ago
11

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

Business
1 answer:
Bezzdna [24]2 years ago
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
Frank has just completed a study in which he gave a survey to each of 7,000 employees and their supervisors in a large bank. His
vovikov84 [41]

Answer:

The declaration is mostly accurate or correct.

Explanation:

  • Task success can be induced by work satisfaction. But that could also be accurate the opposite way round, i.e. work success affects employee satisfaction.
  • The inference reached here does not specify which incident seems to be the reason and which one is the trigger's consequence. A significant direct connection between the two can not be identified. Other than that, there could be other variables that may control the two variables.
8 0
3 years ago
1. A parent sells merchandise to its subsidiary at a markup of 20% on cost. In the current year, the subsidiary had $120,000 in
NARA [144]

Answer:

The subsidiary reports cost of goods sold at A. $660,000.

Explanation:

Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:

Cost of goods sold = Opening inventory + Purchases - Closing inventory

The subsidiary calculates its cost of goods sold as follows.

Opening inventory           $120,000

Add: Purchases                $720,000

Less: Closing inventory    ($180,000)

Cost of goods sold           $660,000

Therefore, the correct option is A. $660,000.

6 0
3 years ago
Jessep Corporation has a standard cost system in which manufacturingoverhead is applied to units of product on the basis of dire
Orlov [11]

Answer:

Standard fixed overhead rate

= Budgeted fixed overhead cost

  Budgeted direct labour hours

= $45,000

  15,000 hours

= $3 per direct labour hour

Fixed overhead volume variance

= (Standard hours - Budgeted hours) x Standard fixed overhead rate

= (12,000 hours - 15,000  hours)  x $3

= $9,000(U)

The correct answer is B

Explanation:

In this case, we need to calculate standard fixed overhead rate, which is budgeted fixed overhead cost  divided by budgeted direct labour hours. Then, we will calculate fixed overhead volume variance, which is the difference between standard hours and budgeted hours multiplied by standard fixed overhead rate.

8 0
3 years ago
A corporate bond has a face value of $1,000 and a coupon rate of 9.5%. The bond matures in 12 years and has a current market pri
joja [24]

Answer:

5.71%

Explanation:

The after tax cost of debt=pretax cost of debt*(1-t)

where t is the tax rate of 35% or 0.35

pretax cost of debt=yield to maturity

The yield to maturity can be determined using rate formula in excel as below:

=rate(nper,pmt,-pv,fv)

nper is the number of coupon interest payable by the bonds i.e 12 coupons in 12 years

pmt is the annual coupon=$1000*9.5%=$95

pv is the current market price-flotation cost=$1,100-$48=$1052

fv is the face value of $1000

=rate(12,95,-1052,1000)=8.78%

After tax cost of debt=8.78% *(1-0.35)=5.71%

6 0
3 years ago
Which of the following best describes civil procedure?
jeyben [28]

Answer:

The correct answer is D

Explanation:

Civil procedure is the body of law which sets or lay down the standards and the rules that the court follow when adjudicating or examine the civil lawsuits.

The rules are govern on how a case or a lawsuit is commenced, kind of pleadings, orders allowed in civil cases. So, it best stated with the process issued in the civil lawsuit.

5 0
3 years ago
Other questions:
  • As an analyst at Delta Airlines, you are asked to help the operations staff. Operations has identified a new method of loading b
    9·1 answer
  • The concept of opportunity cost is a measure of​ _________.
    8·1 answer
  • Suppose the most you would be willing to pay to have a freshly washed car before going out on a date is $8.00. The smallest amou
    6·1 answer
  • Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 4,800 Salaries expense 1,900
    14·1 answer
  • What is a service contract between a vendor and a client that specifies what services will be provided, the responsibilities of
    7·2 answers
  • Now, assume that Abigail’s friend volunteers to pay compound interest instead of simple interest for her loan. If interest is ac
    13·1 answer
  • In a Real Estate Limited Partnership, the general partner refinances an existing $5,000,000 mortgage on a $10,000,000 property t
    8·1 answer
  • If net operating income is $34,000, average operating assets are $204,000, and the minimum required rate of return is 15%, what
    11·1 answer
  • According to information provided in the chapter, McDonald’s has been involved in a variety of corporate social initiatives. Giv
    10·2 answers
  • when a manufacturer sells its products directly to consumers, it engages in which two supply-chain activities?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!