Calculate the Forecasted Cost at Completion If the Total Budgeted

question 96

Multiple Choice

Calculate the forecasted cost at completion if the total budgeted cost is $15,000, the cumulative actual cost is $10,000, and the cumulative earned value is $12,000.

• A) FCAC = $7,000
• B) FCAC = $17,000
• C) FCAC = $13,000
• D) FCAC = $37,000

---

Definitions:

Decision Knowledge

The understanding and information relevant to making choices, including awareness of alternatives, outcomes, and implications.

Letter of Transmittal

A document accompanying a report or other deliverable that briefly describes the content and purpose of the document being sent.

Executive Summary

A concise overview at the beginning of a document, summarizing its key points, findings, and recommendations for quick understanding.

List of Illustrations

A section in a document or publication that details the images, figures, or tables included, often with page numbers.