An internal project that includes work in process (WIP) is completed. You need to ensure that the costs posted to the balance accounts from hour, expense, and item transactions are moved back to…

The correct answer is D. Post costs. Exam Questions, Study Guides, Practice Tests. Lead the way to help you pass any IT Certification exams, 100% Pass Guaranteed or Full Refund. Especially Cisco, CompTIA, Citrix, EMC, HP, Oracle, VMware, Juniper, Check Point, LPI, Nortel, EXIN and so on. Our Slogan: First Test…

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Question

An internal project that includes work in process (WIP) is completed. You need to ensure that the costs posted to the balance accounts from hour, expense, and item transactions are moved back to profit and loss accounts. Which form should you use to move the costs?

Options

ALedger updates
BLedger posting setup
CProject groups
DPost costs

How the community answered

(25 responses)

A
12% (3)
B
4% (1)
C
4% (1)
D
80% (20)

Explanation

Exam Questions, Study Guides, Practice Tests. Lead the way to help you pass any IT Certification exams, 100% Pass Guaranteed or Full Refund. Especially Cisco, CompTIA, Citrix, EMC, HP, Oracle, VMware, Juniper, Check Point, LPI, Nortel, EXIN and so on. Our Slogan: First Test, First Pass. Help you to pass any IT Certification exams at the first try. You can reach us at any of the email addresses listed below. Any problems about IT certification or our products, you could rely upon us, we will give you satisfactory answers in 24 hours.

Topics

#WIP projects#cost posting#balance accounts#profit and loss

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