The Earned Value Divided by the Actual,cumulative Cost of the Work

question 113

Multiple Choice

The earned value divided by the actual,cumulative cost of the work to date is the:

• A)cost performance index.
• B)budgeted cost at completion index.
• C)budget efficiency index.
• D)schedule performance index.

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Definitions:

Raw Materials

The basic substances or components that are processed or combined to manufacture finished goods.

Work in Process

Inventory that includes all items that are currently being manufactured but are not yet completed products.

Inventory Transportation

The process and cost involved in moving inventory from one location to another, usually from warehouses to retailers or customers.

Point to Point

A communication or transportation method that directly connects two locations without any stops in between.