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QUESTION 9 Activity based costing allocates overhead (indirect costs) to fixed costs based upon four different...

QUESTION 9

  1. Activity based costing allocates overhead (indirect costs) to fixed costs based upon four different types of drivers. Which of the following is one of the cost drivers that serves as a basis of cost allocation?

    a.

    direct equipment costs

    b.

    number of labor hours

    c.

    number of units produced

    d.

    quantity of materials used

QUESTION 13

  1. Which of these is NOT one of the items that can provide useful assistance to a project team to define the activities of a project?

    a.

    the major milestones from the Project Charter

    b.

    issue logs

    c.

    templates or checklists for projects of the same type

    d.

    schedules from similar, previous projects

QUESTION 19

  1. The risk register is a component of the project management plan that describes how risk management activities will be structured and performed on a project.

    True

    False

QUESTION 38

  1. During schedule and cost control, when comparing performance to the schedule and cost baselines, if schedule or budget has changed these changes should be:

    a.

    reviewed with the customer or sponsor to obtain approval for additional funding

    b.

    implemented immediately and reported as variances from baseline in the next status report

    c.

    formally recommended and managed through the integrated change control system

    d.

    added to the original baselines, and baseline changes made to reflect the new status

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Answer #1

Ans 9: c. number of units produced

Ans 13: b. issue logs

Ans 19: False

Ans 38: c. formally recommended and managed through the integrated change control system

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