Which 2 actions can you do when you edit the account info on the bank account tile in the banking center?
A Create bank rules
B Disconnect the account
C Pause the bank feed on that account
D Change user access to that account
E Change the account name
The correct answer and explanation is :
The correct answers are B. Disconnect the account and E. Change the account name.
Explanation:
When you edit the account information in the banking center, there are several actions you can take to manage and modify the account. The two options you can do specifically when editing the account info on the bank account tile are disconnecting the account and changing the account name.
- Disconnect the Account (Option B):
Disconnecting an account refers to unlinking the bank account from the banking software, meaning the software will no longer automatically update the account with transactions from the bank. This might be necessary if you change your bank or if you no longer want to track transactions from that specific account. Disconnecting the account does not delete the account or its previous data, but it stops the integration with the bank’s feed. This action is typically taken if the user is changing bank accounts, switching to a different account for tracking purposes, or dealing with technical issues related to the bank feed. - Change the Account Name (Option E):
The account name is a customizable field in the banking center. You can change the name of the account to reflect a different designation or label that suits your needs better. For example, you might want to rename your account from “Checking” to “Business Checking” for easier identification. This is particularly useful when managing multiple accounts and needing to distinguish between different types of accounts or their purposes.
Why the Other Options Are Incorrect:
- Create Bank Rules (Option A): Bank rules are generally set up to automate categorization of transactions, not directly related to editing account information. This action is not part of the basic editing options for the bank account tile.
- Pause the Bank Feed on that Account (Option C): Pausing the bank feed temporarily halts the automatic download of transactions from the bank, but this is not typically done through the account editing interface. It’s more of a control within the bank feed settings.
- Change User Access to That Account (Option D): While user access might be a feature in banking or accounting systems, it is typically managed through user management or permissions settings, not directly in the account editing section.