PM: Actual Cost
You'll learn about terms related to actual cost as part of project management.
Create multiple-choice games on Wisc-Online and play them on our Chakalaka mobile app!
But that's not all! Explore educational games created by others. Simply search by category or enter agame code number and dive into a world of learning and fun.
Download the Chakalaka mobile app here:
Topics of this game:
- What is the term where data is regularly collected for expended funds?
- Actual cost is normally charged to ___________.
- What is the term used where a portion of total cost is periodically assigned to actual cost?
- Committed Costs include costs for items paid for at a later time.
- Which of the following is another term for committed costs?
- Costs are committed when an item is ordered - even though actual payment may take place at some future point.
- As actual cost data is collected, including portions of any committed cost, what needs to be totaled by work packages so it can be compared to the cumulative budgeted cost?
User comments are currently unavailable. We apologize for the inconvenience and are working to restore this feature as soon as possible.