In Earned Value Analysis,EAC Refers to the __________

question 8

Multiple Choice

In earned value analysis,EAC refers to the __________.

• A)estimated cost at completion
• B)estimated actual cost
• C)eliminated annual cost
• D)estimated annual cost

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Definitions:

Operating Activities

Transactions and events that affect net income, primarily related to the core operations of a business.

Direct Method

An approach to cash flow statement preparation that lists major classes of gross cash receipts and payments.

Depreciation Expense

The allocated portion of the cost of a tangible asset over its useful life, reflecting wear and tear.

Operating Activities

Activities that are directly related to running a business and generating revenue, such as sales and purchasing materials.