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C_TS412_2021 · Question #116

You want to determine the planned costs for an internally processed activity. Which data do you need Note: There are 2 correct answers to this question

The correct answer is A. Duration B. Activity type. To determine the planned costs for an internally processed activity, you need the duration and activity type data. The duration is the time required to complete the activity. The activity type is a classification of activities according to their functions or characteristics…

Costs and Revenues in Project Systems

Question

You want to determine the planned costs for an internally processed activity. Which data do you need Note: There are 2 correct answers to this question

Options

  • ADuration
  • BActivity type
  • CWork
  • DProfit center

How the community answered

(32 responses)
  • A
    94% (30)
  • C
    3% (1)
  • D
    3% (1)

Explanation

To determine the planned costs for an internally processed activity, you need the duration and activity type data. The duration is the time required to complete the activity. The activity type is a classification of activities according to their functions or characteristics. The system calculates the planned costs for an internally processed activity based on the formula for costing in the work center, the activity output price for the activity type and cost center assigned to the work center, and the duration of the activity.

Topics

#planned costs#internal activity#activity type#cost determination

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