Solved

In QBO,what Is the Difference Between a Bill Form and an Expense

Question 19

Multiple Choice

In QBO,what is the difference between a Bill form and an Expense form?


A) A Bill form records a services the company has received and has an obligation to pay the vendor later.An Expense form selects the bills a company wants to pay.
B) A Bill form records when the vendor gives the company a refund or reduction in its bill.An Expense tracks the products ordered from the vendor.
C) A Bill form records expenses paid for at the time the product or service is received via paying cash,check or credit card.An Expense form records services the company has received and has an obligation to pay the vendor later.
D) A Bill form records a service the company has received and has an obligation to pay the vendor later.An Expense form records expenses paid for at the time the product or service is received via paying cash,check or credit card.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents