QuickBooks Online – Chapter 5 (2026 Updated) Practice Guide, Questions &
Certification Prep
Purchase Order - ANS ✔✔A formal means to order products from vendors
Due on Receipt - ANS ✔✔Terms that provide no credit
Bill - ANS ✔✔An invoice sent by a vendor to a customer
Net 30 - ANS ✔✔Pay a bill within 30 days after the bill date
Item Detail Section - ANS ✔✔Purchases that affect inventory are recorded here
Account Detail Section - ANS ✔✔Purchases that don't affect inventory are recorded here
Pay Bills - ANS ✔✔Paying vendors who have billed you
Check - ANS ✔✔Task used to record checks in the checking account
Expense - ANS ✔✔Task used to record credit card charges
Vendor - ANS ✔✔Suppliers of products and services
Certification Prep
Purchase Order - ANS ✔✔A formal means to order products from vendors
Due on Receipt - ANS ✔✔Terms that provide no credit
Bill - ANS ✔✔An invoice sent by a vendor to a customer
Net 30 - ANS ✔✔Pay a bill within 30 days after the bill date
Item Detail Section - ANS ✔✔Purchases that affect inventory are recorded here
Account Detail Section - ANS ✔✔Purchases that don't affect inventory are recorded here
Pay Bills - ANS ✔✔Paying vendors who have billed you
Check - ANS ✔✔Task used to record checks in the checking account
Expense - ANS ✔✔Task used to record credit card charges
Vendor - ANS ✔✔Suppliers of products and services