The Ratio of Earned Value to Actual Cost Best Defines

question 29

Multiple Choice

The ratio of earned value to actual cost best defines

• A)cost performance index.
• B)schedule performance index.
• C)estimate at completion.
• D)duration index.

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Definitions:

Cost Of Goods Sold

The immediate costs associated with producing the goods a company sells, including the price of materials and labor.

Selling And Administrative Expenses

Costs incurred by a company that are not directly linked to the production process, including marketing expenses, salaries of administrative personnel, and office supplies.

Interest Expense

The cost incurred by an entity for borrowed funds, typically reported as a line item in the income statement.

Payout Ratio

The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage.