$**$Brief Information:$**$

Online personal accounting services provide individuals with digital tools and platforms to manage their finances, track expenses, budget, and monitor financial goals. These services typically offer features such as automated transaction categorization, expense tracking, budgeting tools, bill payment reminders, and financial reporting. While online personal accounting services can offer convenience and cost$-$effectiveness, they may not provide the same level of expertise and personalized advice as a licensed accountant.

$**$Objective Type Question:$**$

Which factor distinguishes online personal accounting services from licensed accountants?

A$)$ Personalized financial advice

B$)$ Automated transaction categorization

C$)$ Cost$-$effectiveness

D$)$ Access to financial reporting