Quickbooks Advanced Certification Exam - Multiple choice

Reclassifying transactions can help tidy up accounting entries quickly by saving time, and avoiding individual edits or unnecessary journal entries.

Which 2 statements are true when referring to using the Reclassify Transactions Tool?(Select all that apply)

• A client user can only access the Reclassify Transactions Tool if they have been set up with Company Admin functions.
• A green icon to the left of the transaction being reviewed indicates that full changes can be made, including the tax code.
• A yellow icon indicates that you can only amend the account code.
• A yellow icon indicates that you can only amend the class code.
• A red icon indicates no changes can be made using the Reclassify Transactions Tool.