ASQ CSSGB Exam - Topic 10 Question 49 Discussion

Actual exam question for ASQ's CSSGB exam

Question #: 49
Topic #: 10

Training cost is $4,000 and a project required an initial investment of $30,000. If the project yields monthly savings of $2,000 beginning after 3 months, what is the payback period in months (before money costs and taxes)?

A10

B20

C27

D33

Show Suggested Answer

Suggested Answer: A

by Georgiann at Jun 29, 2024, 06:47 AM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Suzan

6 months ago

I thought it would be shorter, but yeah, 27 makes sense.

upvoted 0 times

...

Thad

6 months ago

Just did the math, 27 months checks out!

upvoted 0 times

...

Sherita

6 months ago

Wait, are we sure about those numbers? Seems off.

upvoted 0 times

...

Rupert

7 months ago

Totally agree, it adds up to that.

upvoted 0 times

...

Jess

7 months ago

The payback period is 27 months!

upvoted 0 times

...

Alexia

7 months ago

I’m a bit confused about how to handle the first three months with no savings. Does that mean we start counting the payback period after that?

upvoted 0 times

...

Cammy

7 months ago

I practiced a similar question where we had to account for savings starting after a few months. I think it might be around 27 months, but I could be wrong.

upvoted 0 times

...

Dianne

7 months ago

I think we need to add the training cost to the initial investment, so that's $34,000 total. Then we can figure out how many months it takes to recover that.

upvoted 0 times

...

Anjelica

8 months ago

I remember something about calculating payback periods, but I'm not sure how to factor in the initial investment and the delay in savings.

upvoted 0 times

...

Tarra

8 months ago

Wait, what? I'm a bit confused. Do we need to factor in the training cost or just the initial investment? I want to make sure I understand this properly before attempting to solve it.

upvoted 0 times

...

Marjory

8 months ago

Hmm, this looks tricky. I'm not sure how to approach it. Maybe I should review the formula for payback period again before trying to solve it.

upvoted 0 times

...

Rickie

8 months ago

Okay, let's think this through step-by-step. We have the initial investment, the monthly savings, and we need to find the payback period. I think I can work this out.

upvoted 0 times

...

Buddy

8 months ago

This seems straightforward. I just need to calculate the total savings over time until it equals the initial investment. I'm confident I can get the right answer.

upvoted 0 times

...

Brunilda

8 months ago

This one seems tricky, but I think I can figure it out if I break it down step-by-step.

upvoted 0 times

...

Cordelia

8 months ago

I'm pretty confident I know the answer to this one. The "managed strategy" objective is all about delivering value through incremental changes, so I'm going with option A.

upvoted 0 times

...

Lenna

8 months ago

I remember seeing a question about video quality in practice, but I can't recall if color saturation really impacts pixelation like this.

upvoted 0 times

...

Bettyann

1 year ago

I bet the person who wrote this question is an accountant with a twisted sense of humor. 'No money costs and taxes' - yeah, right. I'm sticking with option C, 27 months.

upvoted 0 times

Gertude

11 months ago

Yeah, option C sounds like the best answer here.

upvoted 0 times

...

Mitzie

11 months ago

I think so too, let's go with option C.

upvoted 0 times

...

Aimee

12 months ago

I agree, option C seems like the most reasonable choice.

upvoted 0 times

...

Juan

1 year ago

Hold up, did anyone else notice the 'no money costs and taxes' part? This is going to be a breeze! I'm going with option A, 10 months.

upvoted 0 times

Andra

1 year ago

Yes, option A, 10 months, makes the most sense.

upvoted 0 times

...

Cornell

1 year ago

I think option A is the best answer too.

upvoted 0 times

...

Emilio

1 year ago

I agree, option A seems like the correct choice.

upvoted 0 times

...

Alesia

1 year ago

This is a tricky one, but I'm leaning towards option B. 20 months feels more realistic given the monthly savings.

upvoted 0 times

...

Margart

1 year ago

Hmm, I'm not so sure about that. I think option D, 33 months, is the correct answer. Let me double-check the calculations.

upvoted 0 times

Fernanda

1 year ago

Let's calculate it again to be sure.

upvoted 0 times

...

Alayna

1 year ago

I believe it's option A, 10 months.

upvoted 0 times

...

Marlon

1 year ago

I'm not sure, maybe we should double-check the calculations.

upvoted 0 times

...

Lynna

1 year ago

I think option D, 33 months, is correct.

upvoted 0 times

...

Alida

1 year ago

I'm going with option C. 27 months seems like the right payback period based on the information provided.

upvoted 0 times

...

Buddy

1 year ago

Actually, I think the answer is C) 27. We need to consider the training cost as well, so the total investment is 30,000 + 4,000 = 34,000. Then the payback period would be 34,000 / 2,000 = 17 months.

upvoted 0 times

...

Melda

1 year ago

I agree with Becky. The payback period is calculated by dividing the initial investment by the monthly savings, so it should be 30,000 / 2,000 = 15 months.

upvoted 0 times

...

Becky

1 year ago

I think the answer is A) 10.

upvoted 0 times

...