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ServiceNow Exam CIS-SPM Topic 2 Question 26 Discussion

Actual exam question for ServiceNow's CIS-SPM exam
Question #: 26
Topic #: 2
[All CIS-SPM Questions]

What information are users required to enter on a cost plan for a demand?

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Suggested Answer: A

According to theCost plan breakdowndocument, users are required to enter the cost type for each cost plan line item. Cost type is a mandatory field that specifies the type of cost, such as labor, software, hardware, etc. The other options are not required fields for a cost plan for a demand. Discount Rate % is an optional field that applies a discount rate to the cost plan. Total planned cost is a read-only field that displays the sum of the planned cost for all the cost plan breakdowns. Functional currency is a system property that defines the currency used for cost management.


by Veronika at Sep 18, 2024, 06:55 PM

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Terrilyn
10 months ago
Hey, at least they didn't include 'Pizza Delivery Fees' as an option. That would have been a real head-scratcher!
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Ronnie
10 months ago
C) Total planned cost
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Latricia
10 months ago
B) Discount Rate %
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Leonard
10 months ago
A) Cost type
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Coleen
10 months ago
Haha, I bet the exam writers are trying to trick us. They're probably going to ask for all of the above, just to see who's paying attention!
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Merissa
9 months ago
Definitely, it's important to be thorough when filling out cost plans.
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Edelmira
9 months ago
Yeah, we have to make sure we pay attention to all the details.
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Raylene
9 months ago
I agree, they always try to catch us off guard with tricky questions.
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Antonio
9 months ago
D) Functional currency
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Malcolm
9 months ago
C) Total planned cost
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Lazaro
9 months ago
B) Discount Rate %
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Pok
10 months ago
A) Cost type
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Sommer
10 months ago
Ah, but what about the discount rate? Surely B) Discount Rate % is also crucial for a cost plan. Can't forget about that!
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Dwight
10 months ago
All of these options are crucial for a comprehensive cost plan.
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Thad
10 months ago
Functional currency is also required to be entered on a cost plan.
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Ahmed
10 months ago
Don't forget about A) Cost type and C) Total planned cost as well.
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Elly
10 months ago
Yes, you're right. B) Discount Rate % is important for a cost plan.
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Dean
11 months ago
Hmm, I'm not so sure. Shouldn't we also need to know the functional currency? D) Functional currency seems important too.
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Maryanne
10 months ago
Including the functional currency on a cost plan is essential for accurate financial planning.
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Ming
10 months ago
In addition to the cost type and total planned cost, we should definitely include the functional currency.
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Janna
10 months ago
Yes, you're correct. We also need to know the functional currency for a demand cost plan.
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Twana
10 months ago
I think you're right, D) Functional currency is important to include on a cost plan.
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Novella
11 months ago
I believe users also need to enter the total planned cost for a demand.
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Stephaine
11 months ago
I think the answer is C) Total planned cost. That's the key information needed for a cost plan, right?
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Fletcher
10 months ago
That's right. Total planned cost is the most important information to enter on a cost plan for a demand.
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Lyla
11 months ago
Yes, you are correct. Total planned cost is the key information needed for a cost plan.
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Keena
11 months ago
I agree with Elvera, cost type is essential for a cost plan.
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Elvera
11 months ago
I think users need to enter the cost type.
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