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PRINCE2 Practitioner Exam - Topic 1 Question 41 Discussion

What is the purpose of a Product Status Account?
B) A log used to record problems or concerns about products
A) A set of records that describe information about the project
C) An audit or review to compare actual status of products
D) A report covering the status about the state of the projects products within

PRINCE2 Practitioner Exam - Topic 1 Question 41 Discussion

Actual exam question for PRINCE2's PRINCE2 Practitioner exam
Question #: 41
Topic #: 1
[All PRINCE2 Practitioner Questions]

What is the purpose of a Product Status Account?

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Suggested Answer: B

by Gilma at Feb 07, 2023, 04:31 PM

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Julio
10 months ago
I agree, it's crucial for comparing actual vs planned status!
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Dalene
10 months ago
Wait, I thought it was just for project updates?
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Loreen
11 months ago
Definitely a log for recording problems.
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Larue
11 months ago
I think it's more about tracking issues, right?
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Jaime
11 months ago
It's basically a report on product status.
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Erasmo
11 months ago
I keep mixing up the definitions of these terms; I thought a Product Status Account was just a record of issues, but now I'm not so sure.
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Izetta
11 months ago
I feel like option D makes the most sense since it mentions the state of the project's products, which seems relevant.
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Shenika
11 months ago
I remember practicing a question about logs and audits, but I can't recall if that was specifically about product status.
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Veronika
11 months ago
I think the Product Status Account is related to tracking the project's progress, but I'm not sure if it's more about records or reports.
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Lisha
11 months ago
Okay, let me think this through. The patient is having a cesarean section, so that's 01967. And since she's getting a continuous epidural, I think the additional code would be 01968. I'm pretty confident that's the right answer.
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Yvette
12 months ago
Ah, I see now. The key is setting the value in the Source Document during the task reload. B is definitely the way to go.
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Susana
1 year ago
Wait, is this a trick question? If I pick the wrong answer, will they put my product status in the red zone? Better play it safe and go with C.
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Myra
1 year ago
Keva: So, we all think the answer is C then?
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Rosalind
1 year ago
User 3: I agree, it's important to have a clear report on the state of the projects products.
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Keva
1 year ago
User 2: Yeah, that sounds right. It's like an audit or review.
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Domonique
1 year ago
User 1: I think the purpose of a Product Status Account is to compare actual status of products.
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Kristel
1 year ago
A Product Status Account? Sounds like a fancy way of saying 'keeping tabs on your stuff'. I'll go with C - it's the most straightforward answer.
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Wenona
1 year ago
User 3: I agree with Wenona, it's about comparing the status of products.
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Lashandra
1 year ago
User 2: I believe it's an audit to compare the actual status of products.
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Tori
1 year ago
User 1: I think it's a log to record problems with products.
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Jina
1 year ago
D is the way to go! A Product Status Account is all about reporting on the current state of project products. Gotta love those status reports!
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India
1 year ago
Yes, D is definitely the right choice. It helps to keep everyone informed about the state of the project's products.
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Elouise
1 year ago
I agree, D is the correct answer. It's important to have a clear report on the status of project products.
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Peggie
1 year ago
D is the way to go! A Product Status Account is all about reporting on the current state of project products. Gotta love those status reports!
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Elmira
1 year ago
I'm torn between B and C, but I think C is the better choice. It's about comparing the actual product status, not just logging problems.
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Stephen
1 year ago
User 3: I'm going with C too. It makes sense to compare the actual status of products.
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Angella
1 year ago
User 2: Yeah, I agree. C seems like the right choice.
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Kate
1 year ago
User 1: I think it's C. It's about comparing the actual product status.
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Art
1 year ago
Option C seems like the correct answer to me. A Product Status Account is used to compare the actual status of products against their expected status.
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Brittni
1 year ago
Exactly. It helps to ensure that the projects products are in the right state.
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Chaya
1 year ago
So, it's like an audit or review to see if the products are on track?
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Fanny
1 year ago
Yes, that's correct. It is used to compare the actual status against the expected status.
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Francine
1 year ago
I think the purpose of a Product Status Account is to compare the actual status of products.
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Burma
1 year ago
Exactly, it's important for monitoring the progress of the project.
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James
1 year ago
It helps to see if products are on track or if there are any issues.
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Floyd
1 year ago
Yes, a Product Status Account is used for that comparison.
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Sommer
1 year ago
I think option C is correct. It's about comparing the actual status of products.
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Peter
1 year ago
I believe it's also used for auditing and reviewing the actual status of the products to make sure they meet the project requirements.
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Tamekia
1 year ago
I agree with Daryl. It's important to have a record of the status of the products to ensure everything is on track.
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Daryl
1 year ago
I think the purpose of a Product Status Account is to track the state of the project's products.
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