QuickBooks

Which of the following statements are false? Select all that apply. Select one or more:

A. The Description entered in the item recordfor inventory parts will appear on invoices and sales receipts.

B. The cost entered when setting up an inventory partis used as the sales price to the customer on an invoice or sales receipt.

C. A preferred vendor can be entered for inventory parts.

D. The Expenseaccount field for an inventory partrepresents the account that will be credited when an inventory part is sold.