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2 years ago

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

Business

1 answer:

Scilla [17]2 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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A project will not produce any cash flows for two years. Starting in the third year, it will produce annual cash flows of $11,90

dusya [7]

Answer:

The NPV of the project at 8.7 percent will be 4,802.58‬

Explanation:

We will calcualte the present value of the cash inflow:

$\frac{Inflow}{(1 + rate)^{time} } = PV$

year 3:

Inflow 11,900.00

time 3.00

rate 0.087

$\frac{11900}{(1 + 0.087)^{3} } = PV$

PV 9,265.28

Year 4:

Inflow 11,900.00

time 4.00

rate 0.087

$\frac{11900}{(1 + 0.087)^{4} } = PV$

PV 8,523.71

Year 6:

Inflow 50,500.00

time 6.00

rate 0.087

$\frac{50500}{(1 + 0.087)^{6} } = PV$

PV 30,613.58

Then, we will add them together and subtract the investment amount

NPV: 30,613.59 + 8,523.71 + 9,265.28 - 43,600 = 4,802.58‬

3 0

2 years ago

Cedric, a brand manager, transferred from the united States to japan He dscovered that athough people in the Unted States highly

Firdavs [7]

Answer: collectivism

Complete Question:

Cedric, a brand manager, transferred from the united States to japan He discovered that although people in the United States highly valued individualism, people in Japan expect individuals to conform to group expectations. Cedric concluded that Japan places more of an emphasis on:

Explanation: Collectivism values the group over individuals belonging to the group. In cultures where collectivism is the norm, individuals tend to want to conform to the group expectations. Also, it is common for individuals in collectivist societies to define themselves as belonging to a group than as individuals so groups are a way of identifying themselves.

While individualism values individuals's right and uniqueness, collectivism does not but sees value in maintaining the cohesion in a group, which in turn promotes conformity.

6 0

2 years ago

Believing it will make it easier for investors to compare firms across countries and make it easier to raise capital globally, m

Elena L [17]

Answer:

True

Explanation:

Generally Acceptable Accounting Principles (GAAP) is only applicable in the United States of America whereas International Financial Reporting Standards (IFRS) has been adopted by most countries on the globe. This makes Report prepared on IFRS more comparable and make it easier to raise capital globally.

4 0

2 years ago

3. Joe's Burrito Cart sits on a busy street corner. Customers line up to get Joe's hot burritos. In order to comply with regulat

Phantasy [73]

Both monetary and non-monetary. If "Joe" did not follow the regulations, he would receive fines. Plus, if customers got sick from him not following the regulations, he could lose his business.

5 0

2 years ago

Intel Corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. What was

Ghella [55]

Answer:

total Equity at end of the year = $69019 million

Explanation:

given data

assets = $123,249 million

liabilities = $54,230 million

to find out

total equity

solution

we get here total Equity at end of the year that is express as

total Equity at end of the year = Asset - Liabilities .................1

put here value we get

total Equity at end of the year = $123,249 million - $54,230 million

total Equity at end of the year = $69019 million

8 0

2 years ago