Which 3 statements are true about the Cash flow planner tool in QuickBooks Online?

The Cash Flow Planner tool in QuickBooks Online is designed to help users model their future financial scenarios and understand how various decisions can impact their cash flow. One of the key features of this tool is that it provides a safe environment for clients to experiment with financial projections without risking actual data. By allowing clients to “play” with different inputs and assumptions regarding income and expenditures, the tool makes it easier to visualize potential financial outcomes, making option B a correct statement regarding its functionality.

The other aspects of the tool, while useful, do not fully capture the essence of what makes it beneficial for clients looking to strategize their cash flow. For instance, multicurrency transactions may not be relevant or accurately managed within the Cash Flow Planner, depending on the specific tool's limitations and feature set. Furthermore, while the planner likely includes some filtering options, the primary focus is on scenario analysis rather than extensive transaction filtering. Lastly, the cash balance view can serve as an important financial indicator, but the main strength of the tool lies in its capacity to simulate the impact of decisions and variations over time.