If the project is configured to use a different JDK than Studio, then it shows a warning in the "Event Log". The paths to the two JDKs are swapped. In the case below, AS is using the embedded JDK (inside Android Studio.app) and Gradle is using the system installed one (inside /Library).
The Gradle JDK is configured by changing it in Project Structure -> SDK Location -> JDK Location and is set to the /Library one.
Checked that the AS JDK is set to bundled one by checking the boot jdk (cmd+shift+a -> switch boot jdk)

Below is the warning shown after a sync

Android Studio and Gradle are using different locations for the JDK.
Android Studio: /Library/Java/JavaVirtualMachines/jdk1.8.0_211.jdk/Contents/Home
Gradle: /Applications/Android Studio.app/Contents/jre/jdk/Contents/Home
Using different JDK locations might cause Gradle to spawn multiple daemons
when executing tasks for Android Studio and other external processes.
More info...
Select a JDK from the File System
Do not show this warning again

Installation details:
Android Studio 4.0 Canary 1
Build #AI-192.6817.14.36.5959023, built on October 22, 2019
Runtime version: 1.8.0_212-release-1586-b4-5784211 x86_64
VM: OpenJDK 64-Bit Server VM by JetBrains s.r.o
macOS 10.15
GC: ParNew, ConcurrentMarkSweep
Memory: 2014M
Cores: 4
Registry: ide.new.welcome.screen.force=true, ide.suppress.double.click.handler=true
Non-Bundled Plugins: com.urswolfer.intellij.plugin.gerrit, org.intellij.plugins.markdown\
Gradle version: 5.6.3
AGP: 4.0.0-alpha01