GAQM Exam APM-001 Topic 6 Question 58 Discussion

Actual exam question for GAQM's APM-001 exam

Question #: 58
Topic #: 6

[All APM-001 Questions]

Funding limit reconciliation is a tool and technique used in which process?

AControl Costs

BDetermine Budget

CEstimate Costs

DControl Budget

Show Suggested Answer

Suggested Answer: B

by Huey at Aug 23, 2024, 12:05 PM

Limited Time Offer

25%

Off

Get Premium APM-001 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Chaya

3 months ago

I agree with James, I also think it's B) Determine Budget because it helps in ensuring the budget is aligned with the funding limits.

upvoted 0 times

...

James

3 months ago

But funding limit reconciliation is more about determining the budget accurately, so I still think it's B.

upvoted 0 times

...

Leontine

3 months ago

Funding limit reconciliation? Sounds like something accountants do to avoid going over their 'fun'ding limits. Ha!

upvoted 0 times

...

Carolynn

3 months ago

D) Control Budget, for sure. Funding limit reconciliation is all about keeping the budget in check. Easy peasy!

upvoted 0 times

Truman

2 months ago

B) Determine Budget

upvoted 0 times

...

Luisa

2 months ago

A) Control Budget

upvoted 0 times

...

Maurine

3 months ago

Hmm, I'm not sure. D) Control Budget sounds right, but C) Estimate Costs also seems plausible. This is a tricky one.

upvoted 0 times

Omega

3 months ago

I agree, but C) Estimate Costs could also be a possibility.

upvoted 0 times

...

Mammie

3 months ago

I think D) Control Budget is the correct answer.

upvoted 0 times

...

Thaddeus

3 months ago

A) Control Costs seems more logical to me. Funding limits are all about managing costs, not the overall budget.

upvoted 0 times

Serina

3 months ago

C) Estimate Costs is not the correct option. It's about predicting costs, not managing within a limit.

upvoted 0 times

...

Buddy

3 months ago

B) Determine Budget is not the right choice. It's more about setting the initial budget.

upvoted 0 times

...

Valda

3 months ago

A) Control Costs is the correct answer. It focuses on managing costs within the funding limit.

upvoted 0 times

...

Joye

4 months ago

I disagree, I believe it's D) Control Budget.

upvoted 0 times

...

James

4 months ago

I think it's B) Determine Budget.

upvoted 0 times

...

Rosalind

4 months ago

I think it's D) Control Budget. Funding limit reconciliation helps manage the project budget, so that's the obvious choice.

upvoted 0 times

Deeann

3 months ago

I think you're right. A) Control Costs makes more sense now that you mention it.

upvoted 0 times

...

Man

3 months ago

Hmm, I see your point. But I think it's A) Control Costs. That's where you monitor and control project costs to stay within budget.

upvoted 0 times

...

Dolores

3 months ago

Actually, I believe it's B) Determine Budget. That's where you establish the project budget based on funding limits.

upvoted 0 times

...

Ronny

3 months ago

I think it's D) Control Budget. Funding limit reconciliation helps manage the project budget, so that's the obvious choice.

upvoted 0 times

...