Quiz: Billing and productivity

This is a multiple-choice quiz.

Click the question to see the answer.

  1. ClosedYou can use the Hours Distribution by Employee report to do which of the following?

    A. See expected cash receipts for each of the next six months.

    B. Review details about the hours worked by each supervisor’s employees.

    C. All of the above.
  2. ClosedWhy might the Budget Variance report help you better identify projects that need your attention rather than the Executive Summary?

    A. Because the Budget Variance report shows the difference between the contract and spent amounts for labor, expenses, consultants, and the total.

    B. Because the Budget Variance shows less detail so as not to confuse you.

  3. ClosedThe Cash Receipt Forecast report can help you do which of the following?

    A. Review the basic financial position of your company, in a cash or accrual basis.

    B. Review every billable item on each project.

    C. Forecast your near-term income and review any discrepancies between planned and actual cash receipts.

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