The Budget Variance Is Calculated As

question 83

Multiple Choice

The budget variance is calculated as:

• A)Earned value minus planned value.
• B)Planned value minus actual cost.
• C)Earned value minus actual cost.
• D)Cost minus planned value.

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Definitions:

Dry Cleaners

Businesses that clean clothing and textiles using a chemical solvent rather than water, typically for items that cannot withstand the rigors of a standard home washer and dryer.

Systems Analysis

The examination of the business problem that the organization plans to solve with an information system.

Enhanced System

A system that has been improved or upgraded with additional features, performance capabilities, or overall efficiency.

Existing System

An existing system refers to the current set of procedures, software, or methodologies that are used within an organization before the implementation of a new system or technology.