All of the following statements regarding Control Accounts are true EXCEPT: ?

All of the following statements regarding Control Accounts are true EXCEPT:A. A control account is an assigned WBS level used to monitor cost and schedule performance of significant element of work.B. Control accounts are also referred to as cost accountsC. None of the choices are correctD. A control account is a management control point for cost summarization, scope description, and variance analysis and reporting.E. Each work package/ planning package may be associated with only one control account

B because Control Accounts may referred to any account, mean any account ledger may be defined as control account...

The statement that is not true is A. "Each work package/planning package may be associated with only one control account." This statement is incorrect because a work package or planning package can be associated with multiple control accounts.

A. Planning packages reflect a future segment of work within a control account that has not yet been decomposed into detailed work packages B. A control account is an assigned WBS level used to monitor cost and schedule performance of significant element of work C. As work becomes more clearly defined, planning packages are converted into work packages D. Each work package / planning package may be associated with only one control account E. Control accounts and planning packages are tools / techniques of activity definition process

B. None of the choices are correct.

This statement is false as it is not accurate. The other statements are true:

E. Control accounts and planning packages are tools / techniques of activity definition process.

C. Control accounts are also referred to as cost accounts

A. Each work package/ planning package may be associated with only one control account

Correct answer is A. Work packages are connected to one control account but cannot be connected to more than 1 control account. The control account will have few work packages

A. Each work package/planning package may be associated with only one control account.

In project management, multiple work packages or planning packages can be associated with a single control account, especially when the work is closely related or falls under the same control account for monitoring purposes.

B. None of the choices are correct