Activity B of a Project Has a Budgeted Cost of $50,000

question 109

Multiple Choice

Activity B of a project has a budgeted cost of $50,000 and is 30% complete.The actual cost of the activity is $12,000.What is the activity difference?

• A)-15,000
• B)-3,000
• C)0
• D)3,000

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Definitions:

Main Effect

The direct influence of an independent variable on a dependent variable in an experiment, disregarding the effects of other variables.

Independent Variable

A variable that is manipulated by the researcher to observe its effect on the dependent variable in an experiment.

Factorial Designs

Experimental designs used to explore the effects of two or more variables at the same time, allowing for the analysis of interactions among variables.

Confounding Variables

Factors other than the independent variable that may cause a result, making it difficult to establish a clear causal relationship.