Final answer:
True, it is possible to set up multiple billing profiles within the same billing account, each with its own monthly invoice and payment method, allowing for better financial management.
Step-by-step explanation:
The statement regarding billing profiles within the same billing account is true. It is possible to set up multiple invoices within the same billing account by creating additional profiles. Each of these billing profiles can have its own monthly invoice and payment method. This allows for easier management of finances, especially for businesses that may need to bill different departments or projects separately.
By having multiple profiles, businesses can also track expenses more efficiently and ensure that payments are allocated to the correct cost centers or projects. It provides flexibility in managing various aspects of the organization's finances and billing arrangements.