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VictoriaLenea VictoriaLenea
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6 years ago
In cost control, useful reports must meet requirements for _____.
 
  a. quality, writing, and consistency
  b. formulas, estimates, and budget
  c. review, updating, and distribution
  d. speed, clarity, and detail



[Ques. 2] Spreading can be minimized by _____.
 
  a. assigning three field supervisors and comparing the same reports
  b. not allowing the field supervisor to make field reports
  c. eliminating the field report and evaluating cost analysis data
  d. averaging out actual costs over the schedule



[Ques. 3] The objective of a cost control system is to compare _____.
 
  a. projected costs against actual costs
  b. actual costs with budgeted costs
  c. estimated costs against actual costs
  d. overruns against budgeted costs



[Ques. 4] Historical records should be _____.
 
  a. compared to field reports
  b. evaluated for renovation projects
  c. archived to preserve the data
  d. reviewed and updated periodically



[Ques. 5] The _____ cost establishes the budget for the project.
 
  a. contingency
  b. projected
  c. estimated
  d. actual
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jessikagirljessikagirl
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6 years ago
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VictoriaLenea Author
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6 years ago
Smart ... Thanks!
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Yesterday
Brilliant
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2 hours ago
this is exactly what I needed
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