Which of the following statement is true regarding billing plans?

 

 

Billing plans cannot be blocked for billing

Milestone billing plan is used for plant engineering and construction where the billing dates need to be spread over several dates

Periodic billing plans is used for plant engineering and construction where the billing dates need to be spread over several dates

Document flow is updated for the billing plans for the first transaction. Subsequent billing does not update the document flow

Verified Answer
Correct Option - b

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Updated on Thu, 27 Nov 2025