In Earned Value Management Analysis,the Cumulative Amount of the Budget

question 68

Multiple Choice

In earned value management analysis,the cumulative amount of the budget becomes the:

• A)Planned value.
• B)Scheduled value.
• C)Cost basis.
• D)Cost driver.

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Definitions:

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not including cash equivalents.

Future Economic Benefit

An advantage or profitable impact expected to be achieved in future periods from an asset.

Assets

Resources owned or controlled by a business that are expected to produce economic value.

Liabilities

Financial obligations or debts that a company owes to external parties, which must be settled over time through the transfer of economic benefits including money, goods, or services.