Test Your Knowledge on Stripe Invoicing Basics
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Questions and Answers

What is the basic lifecycle for Stripe invoices?

  • Stripe notifies customers about the invoice and waits for payment
  • Invoices move through different statuses before being paid (correct)
  • Customers must manually approve invoices before payment
  • Customers receive an email receipt after the invoice is generated
  • What is the purpose of creating customers and products and prices before using Stripe Invoicing?

  • To prevent customers from disputing invoices
  • To receive notifications when invoices are generated
  • To ensure that all invoices are automatically paid
  • To facilitate future transactions (correct)
  • What are the different statuses that an invoice can take on in Stripe Invoicing?

  • Created, Sent, Finalized, Paid, Refunded
  • Draft, Pending, Finalized, Paid, Refunded
  • Created, Pending, Finalized, Paid, Archived
  • Draft, Pending, Sent, Paid, Refunded (correct)
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