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NEW QUESTION: 1
Which of the following processes fall under the Project Integration Management knowledge area? Each correct answer represents a complete solution. Choose all that apply.
A. Project Plan Development
B. Project Plan Execution
C. Integrated Change Control
D. Quality Assurance
Answer: A,B,C
Explanation:
Project Integration Management is one of the nine Project Management Knowledge areas. It comprises the following processes: Develop Project Charter Develop Preliminary Project Scope Statement Develop Project Management Plan Direct and Manage Project Execution Monitor and Control Project Work Integrated Change Control Close Project These processes occur throughout the project and are repeated quite often during the working of the project. They ensure that the various elements of the project are properly coordinated. What are the Project Management Knowledge Areas? The Project Management Knowledge Areas are groupings that bring together processes that have things in common. For example, Resource Planning, Cost Estimating, Cost Budgeting, etc., are part of the Project Cost Management knowledge group. These processes may or may not be part of different or same process groups. Guide to the PMBOK identifies forty- two processes that are arranged in nine knowledge areas. The knowledge areas are as follows: Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Answer option A is incorrect. Quality Assurance is a part of the Project Quality Management knowledge area.
NEW QUESTION: 2
A static approval group named "Trio" comprises three members - Jacob, Susan, and Dia (in the mentioned order). For all the Manage Employment transactions, the approval should be routed to the "Trio" approval group. When the assignment change transaction is submitted, what is the order in which these members receive the assignment change approval notification?
A. First Approver - Dia, Second Approver - Susan, Third Approval - Jacob.
B. The approval is routed alphabetically.
C. All three get the notification at the same time.
D. System decides the approval route by randomly selecting approvers who are a part of the approval group.
E. First Approver - Jacob, Second Approver - Susan, Third Approver - Dia.
Answer: E
NEW QUESTION: 3
Refer to the Exhibit.
A company operates a batch costing system.
Production overhead costs are absorbed into the cost of batches using a direct labour hour rate. Other overhead costs are absorbed at a rate of 20% of total production cost. The company adds a mark-up of 10% to total cost in order to derive its selling prices.
Budgeted production overheads for the period are $44,000 and the budgeted level of activity is 8,800 direct labour hours.
The following data are available for batch number 309:
The required selling price per unit (to two decimal places) is:
Answer:
Explanation:
$28.60