C_TS412_2021 · Question #51
Your customer has implemented budgeting for projects. The current budget of their projects has been changed several times. Therefore they want to get an overviews of the budget updates. What…
The correct answer is D. Hierarchical report on budget updates. A hierarchical report on budget updates is a standard report that you can use to get an overview of the budget changes for your projects. This report displays the original budget, current budget, budget updates, and budget transfers for each WBS element in a hierarchical…
Question
Your customer has implemented budgeting for projects. The current budget of their projects has been changed several times. Therefore they want to get an overviews of the budget updates. What standard report do you recommend?
Options
- AStructure overviews for budget.
- BCost element report on budget updates.
- CLine item report for budget
- DHierarchical report on budget updates.
How the community answered
(24 responses)- B4% (1)
- D96% (23)
Explanation
A hierarchical report on budget updates is a standard report that you can use to get an overview of the budget changes for your projects. This report displays the original budget, current budget, budget updates, and budget transfers for each WBS element in a hierarchical structure. You can also drill down to see the details of each budget update document. You can access this report by choosing Information System Reports Financials Costs Budget Hierarchical Report on Budget
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