Final answer:
The correct answer is option b. Inventory, non-inventory, service, and bundle. The correct types of products and services used in QuickBooks Online are inventory, non-inventory, service, and bundle.
Step-by-step explanation:
These categories help businesses manage their sales, track stock, and create comprehensive reports. QuickBooks Online categorizes products and services into four main types:
Inventory items are physical products that a business buys, holds in stock, and sells to customers. QuickBooks tracks the quantity on hand and the associated costs of these items.
Non-inventory items are products a business buys or sells but does not track quantities of, such as supplies or materials used in service delivery.
Service refers to non-physical items, like labor, expertise, or any other service offered to customers.
Finally, a bundle is a collection of products or services sold together as a package, which can include inventory, non-inventory, or service items within QuickBooks.