Question: Which 2 statements are true regarding the Multicurrency function in QuickBooks Online? One or more of your selected options was incorrect. Selecting even just one
Which 2 statements are true regarding the Multicurrency function in QuickBooks Online?
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You can invent a currency belonging to an imaginary country for practice purposes
You can view a list of a foreign currencys historical exchange rates used for review
Exchange rates are expressed as the number of foreign units it takes to equal one home currency unit
Balance Sheet accounts that existed prior to turning on Multicurrency are assigned the home currency
Once youve added a transaction in a foreign currency, you cannot delete the currency used from the list
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