Earned Value Tells Us __________

question 10

Multiple Choice

Earned Value tells us __________

• A) how much we actually spent for work completed
• B) how much we budgeted to spend at the beginning of the project
• C) how much of the budget we have left to spend on the project
• D) how much of the budget we really should have spent on the work completed so far
• E) None of these

---

Definitions:

Promissory Note

A written, legally binding promise to pay a specific sum of money at a specified time to a person or entity.

Negotiable Instrument

A signed writing that contains an unconditional promise or order to pay an exact sum of money, on demand or at an exact future time, to a specific person or order, or to bearer.

Student Loan

A type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books, and living expenses.

Credit

A financial term describing the ability of a borrower to receive goods or services before payment, based on the trust that payment will be made in the future.