A Project Has Four Activities: A, B, C, and D

question 25

Multiple Choice

A project has four activities: A, B, C, and D. The amount spent on each activity to date is $22K, $14K, $12K, and $28K respectively. The planned percentages complete for the current date are 90%, 80%, 70%, and 20% respectively. The actual percentages complete for the current date are 100%, 90%, 75%, and 10% respectively. The actual cost of the work performed to date is $40K. What is the BCWP for the project?

• A) $0 − $15K
• B) $15.01K − $30K
• C) $40.01K − $45K
• D) $45.01K − $60K
• E) Over $60K

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Definitions:

Market Value

Market value is the current price at which an asset or service can be bought or sold in the open market.

Sufficient Cash

A condition where a company has enough liquid funds to meet its immediate and short-term obligations.

Cumulative Preferred Stock

Cumulative Preferred Stock is a type of preferred stock where dividends accumulate if not paid in a given year, prioritizing these dividends over common stock dividends in future payments.

Annual Dividend

The total dividend payment a company distributes to its shareholders for a year, often quoted on a per-share basis.