List the Three Major Functions of Distributable Net Income (DNI)

question 127

Essay

List the three major functions of distributable net income (DNI) as that amount is used under Federal income tax law.

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Definitions:

Earned Value

A project management technique for measuring project performance and progress in an objective manner.

Actual Cost

The final, real amount spent on completing a specific task, project, or acquisition, as opposed to estimated or budgeted costs.

Cost Performance Index

A measure in project management that calculates the financial efficiency and cost control of a project by dividing the earned value by the actual cost.

Schedule Variance

A project management metric that measures the difference between the planned and actual progress of a project.