Cost Center A Complete Guide - 2020 Edition. Gerardus Blokdyk
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120. What are the compelling stakeholder reasons for embarking on Cost center?
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121. What is out-of-scope initially?
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122. How do you gather requirements?
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123. Who is gathering Cost center information?
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124. What key stakeholder process output measure(s) does Cost center leverage and how?
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125. Are customer(s) identified and segmented according to their different needs and requirements?
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126. Are audit criteria, scope, frequency and methods defined?
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127. Has a high-level ‘as is’ process map been completed, verified and validated?
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128. What would be the goal or target for a Cost center’s improvement team?
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129. Do you have organizational privacy requirements?
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130. How are consistent Cost center definitions important?
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131. What is the scope of the Cost center work?
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132. How is the team tracking and documenting its work?
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133. What Cost center requirements should be gathered?
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134. Has the improvement team collected the ‘voice of the customer’ (obtained feedback – qualitative and quantitative)?
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135. What are the core elements of the Cost center business case?
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Add up total points for this section: _____ = Total points for this section
Divided by: ______ (number of statements answered) = ______ Average score for this section
Transfer your score to the Cost center Index at the beginning of the Self-Assessment.
CRITERION #3: MEASURE:
INTENT: Gather the correct data. Measure the current performance and evolution of the situation.
In my belief, the answer to this question is clearly defined:
5 Strongly Agree
4 Agree
3 Neutral
2 Disagree
1 Strongly Disagree
1. What are your operating costs?
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2. Does your employer see software development as a cost center or a profit center?
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3. Do you easily track variances in costs and overhead by cost center, product, and location?
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4. What are the current costs of the Cost center process?
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5. Is the solution cost-effective?
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6. Which costs should be taken into account?
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7. How will effects be measured?
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8. Why do the measurements/indicators matter?
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9. Have both the Charge to Cost Center Code and the Task Code been verified and entered correctly for the specified contractor?
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10. What measurements are possible, practicable and meaningful?
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11. What are the costs of delaying Cost center action?
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12. Do you cross-charge other cost centers based upon the results?
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13. Are actual costs in line with budgeted costs?
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14. What are cost centers and how does QuickBooks create them?
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15. What is a cost center/ organization structure?
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16. Has a cost center been established?
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17. Will transactional data be secured by cost center in Workday?
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18. What is the name of the value set for the segment with the Cost Cost Center Main Center label?
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19. Do your accounting procedures provide all necessary information on costs by project, rather than by cost center?
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20. Can data generation and management areas be developed from cost centers to profit centers?
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21. What cost center have processed how much of the materials?
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22. Are costs posted to the cost center allowable?
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23. What are your key Cost center organizational performance measures, including