Which of the following activities and Quickbooks window used to record it is inc

Question

Which of the following activities and Quickbooks window used to record it is incorrect?   a) Sell goods and bill customers; Invoice   b)Record inventory information; Inventory List   c) Record vendor information; Vendor List   d) Order goods; Purchase Order

Which of the following reports is typically used when counting inventory on hand? a) Inventory Valuation Summary  b) Inventory Valuation Detail  c) Inventory Stock Status by item   d) Physical Inventory Worksheet

The Inventory Stock Status by Item report is used when:  a)Vendors offer a purchase discount on inventory items  b)  A list is needed of the quantity of inventory on hand and on order  c) The computers go down  d) Inventory items are physically placed in the warehouse

Explanation / Answer

1.c) Record vendor information; Vendor List

2c) Inventory Stock Status by item

3. b) A list is needed of the quantity of inventory on hand and on order

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.