Identify the true statement regarding an expenditure item.

Question

Options

• AAn expenditure item can be adjusted on both billable and capitalizeable attributes of a
• BAn expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
• CAn expenditure item con be adjusted only on the billableattributes of atransaction.
• DAn expenditure Item cannotbe adjusted on any attributes of transcation.

• A
  75% (33)
• B
  5% (2)
• C
  14% (6)
• D
  7% (3)

Explanation

Can I adjust an expenditure item to be both billable and capitalizable? Yes. The billable and capitalizable attributes of a transaction are not mutually exclusive. A project can be both billable and capitalizable. The expenditure items are not restricted to being one or the other. Therefore, you can adjust the expenditure items for both the attributes.

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