When a customer is billed when the project/job reaches specified milestones,what type of billing does the company use?
A)Purchase Order billing
B)Estimates
C)Progress billing
D)Normal (end-of-job)billing

Question

Quizplus · Accepted Answer

Progress billing is the method of invoicing a customer for a project's work completed to date. It occurs when predetermined milestones have been met during the project, such as completing certain phases or achieving specific goals.

When a Customer Is Billed When the Project/job Reaches Specified