Quickbooks Online Advanced Exam Question: Question 15

A client calls you in a panic to tell you that the Sales by Customer Summary report and the total sales income within the Profit and Loss report do not agree.

What might be causing this issue?

• The Profit and Loss report includes credit memos for returned goods, but the Sales by Customer report does not
• The sales report includes donated inventory that is not reflected correctly in the Profit and Loss report
• Bad debts were written off using a customer credit memo and assigned to a Bad Debt expense
• The client created a customer invoice to a business that also happens to be one of his suppliers