Ac actual cost - Study guides, Class notes & Summaries

Project Management TPV1 and C176 WGU, Questions and Correct Answers, Complete solution 2024. Acceptance criteria Requirements and conditions that must be met before the project deliverables are formally accepted. Acceptance test A group of end-users work with the final product to test it for unidentified issues that may appear during routine use. Also known as User Acceptance Testing (UAT). Actual duration The number of hours or days expanded to complete a project activity. Actual eff...

AC 642 Exam One CH 1-3, 5 Exam with Questions and Answers Which of the following costs is most likely a variable cost for Hewlett-Packard, a manufacturer of computers and printers? ANSWER materials used in production The following information pertains to Steel Wheels, Inc. Cost of goods manufactured 350,000; Beginning work in process inventory 110,000; Ending work in process inventory 80,000; Manufacturing overhead 50,000. What are the prime costs for the year ANSWER $270,000 Eckinger C...

Acceptance Criteria - ANSWER A set of conditions that are met before deliverables are accepted by the customers or sponsors. Activity - ANSWER A distinct, scheduled portion of work performed during the course of a project. Actual Cost (AC) - ANSWER The actual cost incurred for the work performed on an activity during a specific time period. Analogous Estimating - ANSWER A technique for estimating the duration or cost of an activity or a project using historical data from a similar activ...

80/20 rule - ️️A general guideline with many applications; in terms of controlling processes, it contends that a relatively large number of problems or defects, typically 80%, are commonly due to a relatively small number of causes, typically 20%. AB testing - ️️A marketing approach used to determine user preferences by showing different sets of users similar services with one independent variable. AC* (Actual Cost) - ️️The realized cost incurred for the work performed on an a...

WGU C176 Project Management TPV1 Exam With 100% Correct Answers 2023 Acceptance criteria Requirements and conditions that must be met before the project deliverables are formally accepted. Acceptance test A group of end-users work with the final product to test it for unidentified issues that may appear during routine use. Also known as User Acceptance Testing (UAT). Actual duration The number of hours or days expanded to complete a project activity. Actual effort T...

PTCB Exam Questions And Answers Latest Update Graded A+ Which dosage form would use the process of inunction to be absorbed into the body? Ointments If a medication has an expiration date of 3/06, when will it expire? The last day of March 2006 Which of the following interpretations of "i cap qid ac and hs" is correct? Take one capsule by mouth before meals and at bedtime What does the suffix -ectomy mean? Removal How many 500-mg doses can be prepared from a 10-g vial ...

PTCB EXAM QUESTIONS WITH VERIFIED SOLUTIONS Which dosage form would use the process of inunction to be absorbed into the body? Ointments If a medication has an expiration date of 3/06, when will it expire? The last day of March 2006 Which of the following interpretations of "i cap qid ac and hs" is correct? Take one capsule by mouth before meals and at bedtime What does the suffix -ectomy mean? Removal How many 500-mg doses can be prepared from a 10-g vial of cefazolin...

ITPM - Cost Management Exam Questions And Answers 100% Verified 2024/2025 BAC Budget at completion - No formula—it's the project budget - How much money you'll spend on the project PV Planned value - BAC * Planned % complete - What your schedule says you should have spent (planned) EV Earned value - BAC * Actual % complete - How much of the project's value you've really earned AV Actual cost - What you've actually spent on the project - How much you've actuall...

CAPM Practice 215 Questions with Verified Answers John is a project manager for a newly formed project team. The project team has worked hard for last 4 months and has taken very few leaves. John wants to motivate the team members by informing them that he can give a couple of paid leaves if they complete the Phase-1 deliverables on time. Which theory is applied by John to achieve the result? a) Achievement Theory b) Theory Y c) Expectancy Theory d) Contingency Theory - CORRECT ANSWER c...

WGU C176 Project Management TPV1 Rated A+ Acceptance criteria Requirements and conditions that must be met before the project deliverables are formally accepted. Acceptance test A group of end-users work with the final product to test it for unidentified issues that may appear during routine use. Also known as User Acceptance Testing (UAT). Actual duration The number of hours or days expanded to complete a project activity. Actual effort The actual number of person hours or days expended...