Exam (elaborations)
QuickBooks Chapter 07 Test with Certified Solutions
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1.The Cost of Goods Sold in the Profit and Loss account increases when you sell a product. True 2: There is no limit to the number of inventory products you can enter in QuickBooks Online. True 3: The difference between the cost and the sales price is an expense. false 4: You can verify goods were NOT received without applying the receipt of inventory to a purchase order. true 5: QuickBooks Online can receive incomplete orders by leaving the purchase order until the complete order has arrived. false 6: When you give a refund to a customer, you must issue a refund receipt. True
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- September 6, 2023
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- Written in
- 2023/2024
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- Exam (elaborations)
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- Questions & answers
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