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2 years ago

How does Quickbooks online use smart learning?

2 answers:

6 0

QuickBooks Online uses smart learning in its reconciliation tool to help find any rogue transactions.

How does it do this?

It can identify transactions that were posted to the wrong account
It can identify transactions where the posting date was manually entered and has a clearing date that differs from the bank data
It will recognize if transactions have been excluded erroneously from bank feeds (Maybe this)
It will automatically record bank fees and interest earned

kvasek [131]2 years ago

4 0

Answer:

Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?

Explanation:

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3 years ago

Determine the annual financing cost of a 6-month (182-day) 20,000 discounted bank loan at a stated annual interest rate of 10 pe

ratelena [41]

Answer:

10.52%

Explanation:

The computation of the annual financing cost is shown below:

First we have to calculate the interest cost that is shown below:

= $20,000 × 10% × 182 days ÷ 365 days

= $997.26

Now the used funds is

= $20,000 - $997.26

= $19,003

Now the annual financing cost is

= ($997 ÷ $19,003) × (365 days ÷ 182 days)

= 10.52%

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3 years ago

Philippe Organic Farms has total assets of $689,400, long-term debt of $198,375, total equity of $364.182, net fixed assets of $

solniwko [45]

Answer:

Current ratio= 1.3977

Explanation:

Current Ratio:

It is the measure of company ability to pay short term debits of one year. It also tells how company can increase its current assets.

Given:

Total assets=$689,400

Long-term debt=$198,375

Total equity= $364,182

Net fixed assets =$512,100

Sales = $1,021,500

Formula For current Ratio:

Current Ratio= $\frac{Total\ Assets-Net\ Fixed\ Assets}{Total\ Assets- long_term\ debt-total\ equity}$

$Current\ Ratio=\frac{\$689,400-\$512,000}{\$689,400-\$364,182-\$198,375}\\ Current\ Ratio=1.3977$

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4 years ago

Suppose nominal GDP in 2009 was $100 billion and in 2010 it was $260 billion. The general price index in 2009 was 100 and in 201

ICE Princess25 [194]

Answer:

The real GDP increased by 44%.

Explanation:

The nominal GDP is the measure of economic growth which measures change in output at the current market price.

While, the real GDP calculates the change in output at constant prices. It is inflation adjusted method and does not include change in price level. It purely measures the change in economic output.

The consumer price index = Nominal GDP/Real GDP

In other words, Real GDP= Nominal GDP/consumer price index

Real GDP in 2009= $\frac{100}{100}$ =$1

Real GDP in 2010= $\frac{260}{180}$ =$1.44

So, the GDP growth rate will be, $(1.44-1)*100=44%

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4 years ago

Which one of the following does not work to make a resume scanner friendly?

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A) Personal traits shown in nouns not verbs.

Businesses look for actions you took, so instead of saying you were a journalist (noun) on the student newspaper, say you researched topics, published articles, and edited documents. All of these are action verbs and help the employer know what you can do.

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3 years ago

Read 2 more answers