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Invoice Management Quiz

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Questions and Answers

What happens to invoices that have an amount due that’s less than the minimum chargeable amount?

They remain in the open status

They are automatically voided

They are automatically moved to the paid status (correct)

They are marked as uncollectible

What is the status of an invoice after it has been finalized and sent?

Open (correct)

Paid

Draft

Voided

What happens when you void an invoice?

It is deleted

It is marked as uncollectible

It remains in the open status

It maintains a paper trail (correct)

Invoice Management Quiz

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Questions and Answers

What happens to invoices that have an amount due that’s less than the minimum chargeable amount?

What is the status of an invoice after it has been finalized and sent?

What happens when you void an invoice?

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