Invoice Status Quiz
3 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the fifth status an invoice can have?

  • Unpaid
  • Pending
  • Voided
  • Uncollectible (correct)
  • What happens after an invoice is voided?

  • The Hosted Invoice Page is no longer accessible
  • The Hosted Invoice Page is still accessible, and displays a message indicating that the invoice has been voided (correct)
  • The Hosted Invoice Page is still accessible, but the message indicating that the invoice has been voided is hidden.
  • The Hosted Invoice Page is still accessible, but the message indicating that the invoice has been voided is removed
  • Which of the following is true about invoices?

  • Invoices can only be voided when they're paid
  • Invoices can only be voided when they're open or uncollectible (correct)
  • Invoices can only be voided when they're open or paid
  • Invoices can only be voided when they're draft or uncollectible
  • Study Notes

    • An invoice goes through five statuses: draft, open, paid, voided, and uncollectible.
    • Draft invoices are still editable, but remain unsent.
    • Pending invoices are those that have an associated payment intent, but haven't been sent.
    • You can mark an invoice as paid, void, or uncollectible.
    • After you void an invoice, the Hosted Invoice Page is still accessible, and displays a message indicating that the invoice has been voided.
    • Uncollectible invoices are those that are unlikely to be paid.
    • You can only void invoices when they're open or uncollectible.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Test your knowledge of invoice statuses and their associated actions in this quiz. From draft and open to paid, voided, and uncollectible, understand the different stages an invoice can go through and the actions that can be taken at each stage.

    Use Quizgecko on...
    Browser
    Browser