Multiple Choice
Which one of the following is usually classified as an inventory item?
A) Goods purchased for resale to customers
B) Items purchased and the quantity on hand does not need to be tracked
C) Items purchased and used by the company such as office supplies
D) Items purchased for a specific customer job
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Briefly describe a 3-way match and how
Q7: Which window is used to pay sales
Q8: Which report provides information on items ordered
Q9: The Open Purchase Orders Report gives information
Q10: The Inventory Stock Status by Item report
Q12: How does QuickBooks categorize items?<br>A)Non-inventory items<br>B)Inventory items<br>C)Service
Q13: Which order of tasks is used when
Q14: Describe the three types of items: Inventory
Q15: Which one of the following activities is
Q16: A non-inventory item is:<br>A)Goods purchased for resale