Microsoft
MB6-700 · Question #44
You need to recognize revenue as project costs are posted. Which type of project should you use?
The correct answer is C. Time and material project with accruals. See the full explanation below for the reasoning.
Question
You need to recognize revenue as project costs are posted. Which type of project should you use?
Options
- AFixed-price project with completed percentage and production plus profit
- BTime and material project with work in process (WIP)
- CTime and material project with accruals
- DFixed-price project with completed percentage and sales value
- EInternal project with work in process (WIP)
How the community answered
(33 responses)- A3% (1)
- B9% (3)
- C85% (28)
- D3% (1)
Community Discussion
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