An Earned Value Report Shows

question 94

Multiple Choice

An earned value report shows:

• A)How much money has actually been spent so far on the project.
• B)Slippages in performance measures for the work product.
• C)The budgeted value of work performed.
• D)Slippages in time against planned measures.

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Definitions:

Fair Value Through Profit

A financial accounting treatment where changes in fair value of assets or liabilities are recorded in the profit or loss for the period.

Short-Term Investments

Investments that are expected to be converted into cash within one year and are often seen in the form of stocks, bonds, or certificates of deposit held by a company.

Trading Investment

Securities purchased by a company not for long-term holding but rather for generating profit from short-term price fluctuations.