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NEW QUESTION: 1
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three
A. Define allocation basis by using Actual Amounts with a project-to-date amount class.
B. Define allocation basis by using Actual Amounts with a period-to-date amount class.
C. Allocate rental costs once each accounting period by using the "full" allocation method.
D. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
E. Allocate to all eligible tasks and prorate the allocation by the actual raw cost accrued for each task during the previous accounting period
Answer: B,C,E
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Explanation
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A. Option C
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