3.For each statement about setting up payment terms for a new customer in QuickBooks Online, write True or False

1. You can create new payment terms from the New Customer form ( )

2. You must specify payment terms when setting up a new customer ( )

3. If you do not select payment terms for a customer, QuickBooks Online assigns the default invoice terms ( )

4. You are setting up products and services in QuickBooks Online. For which items is the Initial quantity on hand field available?

   a. Inventory items and Service items

   b. Service items only

   c. Inventory items only