Use the Earned Value Table to Determine the Estimated Cost

question 15

Multiple Choice

Use the earned value table to determine the estimated cost to completion given the indicated state of the project.

• A) $15,966
• B) $16,235
• C) $18,164
• D) $17,441

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Definitions:

Tax Purposes

The rationale or basis for certain financial decisions or calculations made in compliance with tax laws.

Net Present Value (NPV)

A profitability measure for an investment that involves deducting the present value of cash expenditures from the present value of cash receipts throughout a certain timeframe.

Cash Flows

The total amount of money being transferred into and out of a business, affecting its liquidity.

Accrual Accounting

An accounting method that records revenues and expenses when they are incurred, regardless of when cash transactions occur.