Question 6

Which 2 statements are true regarding the Multicurrency function in QuickBooks Online?(Select all that apply)

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

You can view a list of a foreign currency's 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 you've added a transaction in a foreign currency, you cannot delete the currency used from the list