Microsoft

MB6-700 · Question #40

You need to track the project costs in balance accounts until the customer is invoiced. Which type of project should you use?

The correct answer is C. Time and material project with work in process (WIP). See the full explanation below for the reasoning.

Question

You need to track the project costs in balance accounts until the customer is invoiced. Which type of project should you use?

Options

AFixed-price project with completed contract
BFixed-price project with completed percentage and sales value
CTime and material project with work in process (WIP)
DInternal project with work in process (WIP)
ETime and material projects with accruals

How the community answered

(51 responses)

A
10% (5)
B
2% (1)
C
82% (42)
D
4% (2)
E
2% (1)

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Full MB6-700 Practice