Question

A report that compares the budgeted costs for the job to the actual costs incurred and...

A report that compares the budgeted costs for the job to the actual costs incurred and indicates the variances is a:

Group of answer choices

A.Cost analysis.

B.Job cost sheet.

C.Budget analysis.

D.Cost performance report.

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Answer #1
A report that compares the budgeted costs for the job to the actual costs incurred and indicates the variances is a Cost performance report.
A Cost performance report is used to compare budgeted and actual costs for the job.
The variances identified by Cost performance report are analyzed and necessary actions are taken for control purposes.
Option D Cost performance report is correct
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