Which of the Following Methods Will Measure the Cost Efficiency

question 1

Multiple Choice

Which of the following methods will measure the cost efficiency of the work accomplished to date?

• A) SV / CV
• B) EV / PV
• C) EV / AC
• D) AC / SV
• E) AC / CV

---

Definitions:

Annual Income

The total amount of money earned by an individual or business in one year from all sources.

Work Effort

The amount of physical or mental energy used to perform a task or achieve an objective.

Economic Pie

A metaphor for the total amount of wealth or resources available in an economy that can be distributed among its participants.

Reward

A benefit or return that results from performing a particular action or behavior, often seen as a motivation.