Which 4 actions can be taken with purchase orders for inventory items in QuickBooks Online?

Create multiple transactions from one purchase order

Turn purchase orders into estimates

Close individual lines on a purchase order

Turn purchase orders into invoices

Partially receive items on the purchase order

Create a vendor credit

Add multiple purchase orders to one purchase transaction

What happens if you make an inventory item with quantity on hand inactive?

QuickBooks Online doesn't let you zero out an inventory item with quantity on hand

The amount for this item is zeroed out in previous transactions, and COGS is increased

QuickBooks Online keeps the quantity but reduce its value to zero

QuickBooks Online changes the type from inventory to non-inventory

The quantity and value of this item are zeroed out, and the Inventory Shrinkage account is increased

Which 2 of these statements are true about using tags in QuickBooks Online?

Tags are available in QuickBooks Online Plus and Essentials only

Tags can be added to customers and vendors

Tags can only exist inside of Tag groups

Only one tag can be assigned per transaction

Tags can be added to rules

Tags can be batch-assigned

Where can you identify untagged transactions and batch add tags to them?

Tags > See all untagged transactions

Reports > Transaction List by Tag Group

Accountant Tools > Reclassify transactions

+ New > Untagged transactions