Question: Quickbooks Advanced Certification Which 3 statements regarding multi-currency are correct?(Select all that apply) You can only set up bank and credit-card accounts in a foreign

Quickbooks Advanced Certification

Which 3 statements regarding multi-currency are correct?(Select all that apply)

  • You can only set up bank and credit-card accounts in a foreign currency.
  • You can set up loans in a foreign currency.
  • QuickBooks Online will set up Accounts Receivable when the first invoice is issued in that currency.
  • You need to set up Accounts Receivable and Accounts Payable accounts when you add a new currency.
  • When viewing a register, it always shows the home currency value.
  • QuickBooks Online will set up Accounts Payable when the first bill is issued in that currency.

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