In QBO,what is NOT true regarding inventory?
A)To maintain consistency QBO uses the same inventory item when recording sales and purchases.
B)QBO can track both the cost and the sale price for inventory items.
C)QBO automatically updates inventory records by reducing the quantity on hand for all sales.
D)QBO must track the quantity of Non-inventory items such as supplies as well as inventory items.

Question

Quizplus · Accepted Answer

QuickBooks Online (QBO) does not require tracking the quantity of non-inventory items such as supplies. Non-inventory items in QBO are typically used for materials and supplies that businesses buy or sell but do not track as inventory.

In QBO,what Is NOT True Regarding Inventory