In Calculating Schedule Variance and Cost Variance, a Negative Variance

question 81

True/False

In calculating schedule variance and cost variance, a negative variance indicates a desirable condition, and a positive variance suggests problems.

Understand and apply the formula for the future value of a series of cash flows.

Solve and verify the solution of systems of linear equations.

Simplify algebraic expressions involving powers and fractions.

Solve linear equations and understand the properties of equality.