Question: Which 2 statements are true regarding the Multicurrency function in QuickBooks Online? 1- You can invent a currency belonging to an imaginary country for practice

Which 2 statements are true regarding the Multicurrency function in QuickBooks Online?

1- You can invent a currency belonging to an imaginary country for practice purposes

2- You can view a list of a foreign currencys historical exchange rates used for review

3 -Exchange rates are expressed as the number of foreign units it takes to equal one home currency unit

4 - Balance Sheet accounts that existed prior to turning on Multicurrency are assigned the home currency

5 -Once youve added a transaction in a foreign currency, you cannot delete the currency used from the list

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