Which two management reports in QBO are useful for planning purposes and assessing future profitability?

A) Accounts Receivable Aging and Accounts Payable Aging.
B) Income by Customer Summary,and Sales by Product/Service Summary.
C) Physical Inventory Worksheet and Transaction Journal.
D) Transaction Journal and Audit Log.

Planning Purposes

The intention behind actions or decisions aimed at forecasting future operations, setting goals, and determining the strategies and resources required to achieve them.

Future Profitability

The expected financial success or ability of a company to generate profit in future periods.

Accounts Receivable Aging

A report showing the unpaid invoices of a business, categorized by the length of time an invoice has been outstanding.