Multiple Choice
What is not TRUE regarding the QBO Products and Services List?
A) It is used for products and services sold to customers that were not purchased from vendors.
B) It is used for products that are both purchased and sold.
C) A company only has to enter one set of product information used for both purchasing and sales.
D) It collects information about products purchased from vendors and sold to customers.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: What best describes internal controls?<br>A)A set of
Q7: What is the process in QBO used
Q8: A customer may pay using the following
Q9: Inventory is:<br>A)Items used to make a product
Q10: In QBO,what List is NOT used for
Q12: What is NOT true regarding the Products
Q13: In QBO,what is a Bundle?<br>A)A collection of
Q14: An effective method of internal control is
Q15: In QBO,when customers pay bills via Credit
Q16: Place the following QBO Customer transactions in