1 The budgeted cost of the work performed (BCWP) for a task that has just been completed can be calculated by:
A Multiplying the actual hours worked on the project by the budgeted labor rate.
B Multiplying the budgeted hours to complete the task by the budgeted labor rate.
C Dividing the actual hours required to complete the task by the budgeted labor rate.
D Cannot be determined.
E None of the above 来源:我考网网
ans:B
2 The methods and techniques for determining the economic costs, the environmental impact, the economic returns, and the probability for success are called:
A Feasibility studies.
B Bills of materials.
C Pert charts.
D Managerial reserves.
E None of the above
ans:A
3 The planned cost for the total project at its inception is called the _____.
A Cost of goods sold.
B Depreciable value.
C Budgeted cost.
D All of the above.
E B and C only. 来源：www.examda.com
ans:C
4 Which of the following is not a measure of the profitability of a project or program?
A Return on original investment.
B Net present value.
C Depreciation.
D Discounted cash flow.
E None of the above
ans:C
5 The budget associated with scope changes that have been approved but not planned for yet, is referred to a(n) _____ budget.
A Unauditable.
B Undistributed.
C Preauthorized.
D Contingency.
E In-process.
ans:B
6 Using the situation stated in the Special window, what is the total fixed costs for manufacturing the widgets?
A ￥3,000
B ￥27,000 来源：考试大
C ￥27,270
D ￥1,335
E ￥1,000
ans:E
7 Using the situation stated in the Special window, the labor rate cost variance is:
A ￥66,927
B ￥68,329
C ￥386
D ￥-0
E ￥18.36
ans:D
8 In project-driven companies, costs are usually billed againest the project based upon:
A The burdened labor rate of the actual employees who performed the work.
B The burdened labor rate of the line organization average salary.
C The burdened labor rate of the company average salary.
D The burdened labor rate of the average salary of the project team members.
E None of the above.
ans:A
9 The most common method for pricing out non-burdened labor hours for a three year project would be to:
A Price out the hours at the actual salary of the people to be assigned.
B Price out the work using a company-wide average labor rate.
C Price out the work using a functional group average labor rate.
D All of the above.
E A and B only. 来源：www.examda.com
ans:C
10 An element in the WBS was estimated to require 1 month for completion with 1000 hours of labor and a burdened cost of $50K. The task was completed in 1000 hours but a burdened cost of $60K. The most likely reason for the increase would be:
A Higher salaried employees were assigned.
B Overtime was required.
C The overhead rate increased.
D Employee salaries had increased.
E Any of the above
ans:E
11 During a project review meeting, you discover that your $250,000 project has a negative schedule variance of $20,000 which equates to 12% of the work scheduled to this point of time. You can therefore conclude that:
A The project will be completed late.
B The critical path has been lengthened.
C the costs are being overrun.
D Overtime will be required to maintain the original critical path.
E None of the above.
ans:E
12 Using the situation stated in the Special window, the total price variance of direct material is:
A ￥80,245
B ￥-4,236 来源:我考网网
C ￥-3,479
D ￥1
E ￥83,994.00
ans:C

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