Which of the following statments aboutundistributed butdge(UB) is true? A) UB is

Question

Which of the following statments aboutundistributed butdge(UB) is true? A) UB is management reserve (MR) subcategory with money allocated for authorized unpriced work (AUW). B) UB IS A SHORT TERM HOLDing account from which contractors must distribute budget into the performance measurement baseline (PMB) as soon as possible, preferable within the next reporting period. C) UB is a subsitute for adequate planning which contractor can rely on when time is constrained for planning d) Contractors don't report abou UB in the Integrated Program Management report (IPMR) and only need to keep internal UB logs for possible audits.

Explanation / Answer

Ans: B) UB IS A SHORT TERM HOLDing account from is a temporary holding account for budget associated with specific work scope or contract changes that have not been distributed to a control account or summary level planning package.

Undistributed account represents some account which contractors must distribute that particular budget into the performance measurement baseline (PMB) at the earliest period to a control account who manage the overall project.

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