You are creating a new item in your client’s products and service list. This item is provided to your client’s customers, and can be one-time, recurring, or fixed-fee. Which item type should you choice to set this up? Select an option, and then select the button in the top right corner to continue. A Inventory B Non-inventory C Service D Bundle
Question
You are creating a new item in your client’s products and service list. This item is provided to your client’s customers, and can be one-time, recurring, or fixed-fee. Which item type should you choice to set this up? Select an option, and then select the button in the top right corner to continue.
A. Inventory
B. Non-inventory
C. Service
D. Bundle
Solution
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Answer: C
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Explanation: The question is asking about setting up a new item in a product and service list that can be one-time, recurring, or fixed-fee. These characteristics are typically associated with services rather than physical goods. Services can be billed on a one-time basis, recur over time, or be charged as a fixed fee. Therefore, the most appropriate item type to choose in this context is "Service."
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Option Analysis:
- A Inventory: Incorrect. Inventory items are physical goods that are tracked for quantities and are not typically associated with recurring or fixed-fee billing.
- B Non-inventory: Incorrect. Non-inventory items are often used for products that are sold but not tracked in inventory counts. They do not inherently support recurring or fixed-fee billing structures.
- C Service: Correct. Services are intangible and can be billed as one-time, recurring, or fixed-fee, making this the most suitable choice for the described item.
- D Bundle: Incorrect. A bundle typically refers to a combination of products or services sold together, and does not specifically address the billing structure (one-time, recurring, or fixed-fee) of a single item.
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