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Which of the following equations is used to calculate cost variance?
Suggested Answer: A
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42 comments · newest first
WH
Whitney
11 months ago
100% agree, EV - AC is the way to go!
AL
Aleshia
11 months ago
I thought it was AC - EV?
CO
Colton
11 months ago
Wait, is that really the formula? Sounds off.
CO
Cory
11 months ago
Nope, it's EV - AC for sure.
CR
Cristal
11 months ago
It's definitely EV - AC!
TY
Ty
12 months ago
I’m almost certain it’s EV - AC for cost variance, but I should double-check my notes just to be safe.
RU
Rueben
12 months ago
I keep mixing up the formulas for cost variance and schedule variance. Is it possible that AC - EV is also used somewhere?
ST
Stefania
1 year ago
I remember practicing a question like this, and I think it was definitely EV - AC. That feels right.
IN
In
1 year ago
I think cost variance is calculated using EV minus AC, but I’m not completely sure if that’s the right order.
AM
Ammie
1 year ago
I'm not entirely confident, but I think the formula is AC - EV, so I'll select option B just to be safe.
JO
Johanna
1 year ago
Okay, I remember learning this in class. The cost variance is calculated by subtracting the actual cost from the earned value, so the correct answer is A.
EV
Evette
1 year ago
Hmm, I'm a bit confused on this one. I know it has something to do with earned value and actual cost, but I can't quite remember the exact formula. I'll have to think this through carefully.
GR
Gregg
1 year ago
I'm pretty sure the formula for cost variance is EV - AC, so I'll go with option A.
SE
Serina
1 year ago
I'm going with B) AC-EV. It's the only one that makes sense to me, unless the project manager is trying to pull a fast one on us.
JU
Junita
1 year ago
AC+EV? What is this, a recipe for a delicious cost variance cake?
PA
Paulina
1 year ago
D) AC/EV? What kind of crazy formula is that? Cost variance is definitely calculated using the AC-EV equation, no doubt about it.
AP
Apolonia
1 year ago
C) AC+EV is not the right formula, it's AC-EV.
BE
Beckie
1 year ago
A) EV-AC is another way to calculate cost variance.
JO
Jospeh
1 year ago
I think the correct equation is AC-EV for calculating cost variance.
CA
Candida
1 year ago
AC/EV? What kind of crazy formula is that?
CA
Carolann
1 year ago
D) AC/EV is not the correct formula, it's actually AC-EV.
ER
Erin
1 year ago
B) AC-EV is the correct formula for calculating cost variance.
AL
Aleisha
1 year ago
Hmm, I'm a little unsure about this one. C) AC+EV doesn't sound right, but I can't decide between A and B. Guess I'll have to think it through a bit more.
LI
Lizette
1 year ago
Let's double check the formula to be sure.
JA
Jani
1 year ago
I believe it's actually B) AC-EV.
CR
Cruz
1 year ago
I think the correct equation is A) EV-AC.
KE
Keneth
1 year ago
I believe the correct answer is A) EV-AC, as it aligns with the formula for cost variance.
LA
Laurel
1 year ago
I'm not sure, but I think it makes sense to subtract actual cost from earned value to calculate cost variance.
EL
Elliott
1 year ago
I agree with Natalya, because cost variance is calculated by subtracting actual cost from earned value.
CL
Clay
1 year ago
I'm going with A) EV-AC. That seems like the most logical way to calculate cost variance to me.
LE
Leota
1 year ago
Yes, A) EV-AC is the formula for cost variance calculation.
DE
Deandrea
1 year ago
I'm not sure, but I think it's A) EV-AC as well.
MA
Mammie
1 year ago
I agree, EV-AC is the way to go when calculating cost variance.
DE
Desirae
1 year ago
I think A) EV-AC is the correct equation for calculating cost variance.
WI
Willow
2 years ago
I'm pretty sure the correct answer is B) AC-EV. That's the equation used to calculate cost variance, right?
RO
Rosendo
1 year ago
You got it! B) AC-EV is the formula for cost variance calculation.
ST
Stefania
1 year ago
That's right! AC-EV is the correct equation for calculating cost variance.
BL
Blondell
1 year ago
Yes, you are correct. B) AC-EV is the equation used to calculate cost variance.
ME
Merilyn
1 year ago
I agree with the first user, B) AC-EV is indeed the correct equation for calculating cost variance.
MA
Makeda
1 year ago
I think you might be mistaken. The correct equation is A) EV-AC for cost variance.
NO
Noemi
1 year ago
Yes, you are correct! B) AC-EV is the equation used to calculate cost variance.
NA
Natalya
2 years ago
I think the answer is A) EV-AC.