Question

To indicate the preferred invoice terms, edit the _____ settings.

a) Company
b) Invoice
c) Customer
d) Product

Answer 1

To select the preferred invoice terms, one must edit the invoice settings, typically found in the company's billing or financial software.

Step-by-step explanation:

To indicate the preferred invoice terms, edit the b) Invoice settings. This is typically done within the billing or financial software that a company is using. When setting up an invoice template or during the creation of a new invoice, you will find options to set payment terms such as due date, early payment discounts, and late payment penalties. These invoice terms are crucial for managing cash flow and ensuring that payments are received within the expected time frame.