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question		réponse
Assessment - definition commencer à apprendre		Assessment is the process of moving labour cost from one cost centre to another
What are the two most common centres that labor cost is moved from and to? commencer à apprendre		Typically this is between resource centres and billable projects or investments
What is the value of assesment? commencer à apprendre		Hours booked multiplied by the cost rate
The assessment is twice in the statement. Explain commencer à apprendre		Project costs: Assessment Debit, Other costs: Assessment Credit
Assesment Debit commencer à apprendre		Your people are booking time
If Revenue is in US&C, can we place costs in another business unit? commencer à apprendre		No, it should also be in the US&C
Billable utilisation commencer à apprendre		Is the time booked to billable projects divided by available time
Credit Utilisation commencer à apprendre		Is the sum of the billable and credited time divided by available time
Credited time commencer à apprendre		is for specific activities such as investments. E.g. people are working on building a software.
Available time commencer à apprendre		total contracted hours - excluded activities e.g. holiday, sickness
Is training part of excluded activities? commencer à apprendre		Not any more
How are cost rates stated? commencer à apprendre		Cost rates are stated per hour in the transaction currency of the emplyee
What cost rate is? commencer à apprendre		Are calculated using total compensation and an assumed billable utilisation
Compensation 32M, Assesment 14M. What are the possible issues commencer à apprendre		There are people who are not billable. The utilisation issue. The sot rate issue.
How to recognize whether the organization is importer or exporter? commencer à apprendre		Importer - Assessment credit (with minus) is lower than assessment debit (positive). Exporter=Assesment credit higher than assessment debit
Why do we do assessment commencer à apprendre		We want to match revenues with delivery cost
billable vs credited time commencer à apprendre		billable - billed to client. Credited - investment e.g. software
Where are credited activites in P&L. commencer à apprendre		They will show up in credit assessment and they will not show up in debit assesment (project costs)
When credited assessment increases and when debit assessment increases? commencer à apprendre		If it is your project, then values will show up in debit assessment. If it is someone else P&L project, they will only show up in credit assessment
Burdened cost rates commencer à apprendre		used for billable project also include an overhead allocation
Un-Burdened cost rates commencer à apprendre		used for investments only include compensation
compensation commencer à apprendre		cost of human resources
assessment under compensatin commencer à apprendre		utilisation of people
assessment under project cost commencer à apprendre		how much am I utilising people from other areas
Compliance commencer à apprendre		is a measure of whether somebody has booked all of their available time on a weekly basis
Average utilisation commencer à apprendre		85%
Max utilisation commencer à apprendre		95%

Costs and Expenses

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