Final answer:
The statement is false, while QuickBooks Online supports a large number of inventory items, limitations exist based on the subscription level.
Step-by-step explanation:
The statement that there is no limit to the number of inventory products you can enter in QuickBooks Online is false. While QuickBooks Online does allow for a large number of inventory items, there is a practical limitation set by the subscription level you have.
For example, QuickBooks Online Plus and Advanced plans allow you to track inventory and offer enough capacity for most small to mid-sized businesses. However, as your business grows and transactions become more complex, the volume of inventory items can impact the performance of the system.
It can impact the system's performance and manageability. Users should also consider the ease of managing a large inventory within QuickBooks, as having a very large number of items can become cumbersome.