Which of the following is NOT classified as an item type in QuickBooks?

Enhance your knowledge and skills with the QuickBooks Certification Test. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get exam-ready now!

In QuickBooks, items are used to track the different types of products and services that a business sells or provides. These items can be classified into several types, including Inventory Parts, Service items, and Non-Inventory Parts.

Inventory Parts refer to physical goods that a company keeps in stock. Service items represent work done for customers that do not involve physical goods, while Non-Inventory Parts are items that are bought and sold but are not tracked as inventory.

On the other hand, "Income" is not an item type in QuickBooks. Instead, it refers to a general category of revenue or earnings resulting from business activities. This classification encompasses all forms of revenue generated from selling goods or services, rather than a specific item type used for tracking what is being sold. This distinction is important because it helps users understand how to categorize and report their financial information accurately in QuickBooks.

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