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Question 27 - C_TS410_2022 discussion

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What action assigns actual costs to a project?

A.

Material availability check

Answers
A.

Material availability check

B.

Saving a purchase order

Answers
B.

Saving a purchase order

C.

Material withdrawal from slock

Answers
C.

Material withdrawal from slock

D.

Releasing a project budget

Answers
D.

Releasing a project budget

Suggested answer: C

Explanation:

The action that assigns actual costs to a project is Material withdrawal from stock (C). When materials are withdrawn from stock for use in a project, the actual costs associated with those materials are charged to the project, reflecting the consumption of resources. This is a critical step in project cost management, ensuring that all material costs are accurately accounted for and tracked against the project budget.

A Material availability check (A) is a step in the planning process to ensure materials are available for the project but does not itself result in cost assignment.

Saving a purchase order (B) initiates the procurement process but does not directly assign costs to the project until the goods or services are received and consumed.

Releasing a project budget (D) is the process of formally allocating funds for the project but does not directly result in the assignment of actual costs.

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asked 31/10/2024
Preetham Pakhala
29 questions
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