Which statement is false about the Company admin functionality in QuickBooks Online?

The statement regarding access to payroll from another company is false when discussing the functionality of a Company admin in QuickBooks Online. The Company admin role is designed to manage various aspects of their specific company file, including user access, billing information, and financial reports. However, the admin functions are not designed to allow access to payroll data from different companies. Each QuickBooks Online company file is distinct and operates independently, ensuring that sensitive payroll information remains secure and confined to the specific company context.

The other functionalities highlighted are indeed part of the Company admin's responsibilities. They can alter the billing method to adjust how the subscription charges are processed. Additionally, the Company admin has the authority to add new users, allowing them to expand or modify the team that has access to the company file. Furthermore, they can view all financial reports, which is essential for overseeing the company's financial health and making informed decisions. Overall, a Company admin's role encompasses various critical administrative tasks, but inter-company access, particularly to payroll, is not one of them.