Stripe Invoicing Basics Quiz
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Questions and Answers

What is the status of an invoice when it has been finalized but not yet paid by the customer?

  • Open (correct)
  • Draft
  • Voided
  • Paid

    • When can an invoice be voided?

  • When it is in the 'Uncollectible' status
  • When it is in the 'Paid' status
  • When it is in the 'Open' status (correct)
  • When it is in the 'Draft' status

    • What is the purpose of updating an invoice status to 'Uncollectible'?

  • To delete the invoice from the system
  • To track the amount owed for reporting purposes as part of bad debt accounting process (correct)
  • To indicate that the invoice has been paid in full
  • To indicate that the invoice has been voided

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