Three bills issued are

• A. Estimated, Reconciled, Final
• B. Estimated, Invoiced, Paid
• C. Drafted, Submitted, Approved
• D. Estimated, Authorized, Issued

Answer: (A)

Billing in many projects follows a three-stage sequence: an estimated bill is issued early to outline likely charges; after the work is performed and actual quantities and costs are known, a reconciled bill is issued to adjust the estimate to the actuals; finally, a final bill is issued to close the job and settle all outstanding amounts. This progression best reflects how charges are communicated, corrected, and finalized, providing transparency and proper closeout. The other options mix in outcomes like invoiced or paid, or internal steps like drafted or approved, which are not the standard three-part bill sequence, and they don’t emphasize the crucial adjustment step that reconciles expected costs with actuals.