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BCS ISEB-PM1 Exam - Topic 12 Question 97 Discussion

Which of the following equations is used to calculate cost variance?
A) EV-AC
B) AC-EV
C) AC+EV
D) AC/EV

BCS ISEB-PM1 Exam - Topic 12 Question 97 Discussion

Actual exam question for BCS's ISEB-PM1 exam
Question #: 97
Topic #: 12
[All ISEB-PM1 Questions]

Which of the following equations is used to calculate cost variance?

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Suggested Answer: A

by Kristel at May 03, 2025, 11:06 PM

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Whitney
7 months ago
100% agree, EV - AC is the way to go!
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Aleshia
7 months ago
I thought it was AC - EV?
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Colton
7 months ago
Wait, is that really the formula? Sounds off.
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Cory
7 months ago
Nope, it's EV - AC for sure.
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Cristal
8 months ago
It's definitely EV - AC!
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Ty
8 months ago
I’m almost certain it’s EV - AC for cost variance, but I should double-check my notes just to be safe.
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Rueben
8 months ago
I keep mixing up the formulas for cost variance and schedule variance. Is it possible that AC - EV is also used somewhere?
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Stefania
8 months ago
I remember practicing a question like this, and I think it was definitely EV - AC. That feels right.
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In
9 months ago
I think cost variance is calculated using EV minus AC, but I’m not completely sure if that’s the right order.
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Ammie
9 months ago
I'm not entirely confident, but I think the formula is AC - EV, so I'll select option B just to be safe.
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Johanna
9 months 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.
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Evette
9 months 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.
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Gregg
9 months ago
I'm pretty sure the formula for cost variance is EV - AC, so I'll go with option A.
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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.
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Junita
1 year ago
AC+EV? What is this, a recipe for a delicious cost variance cake?
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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.
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Apolonia
11 months ago
C) AC+EV is not the right formula, it's AC-EV.
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Beckie
12 months ago
A) EV-AC is another way to calculate cost variance.
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Jospeh
12 months ago
I think the correct equation is AC-EV for calculating cost variance.
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Candida
1 year ago
AC/EV? What kind of crazy formula is that?
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Carolann
1 year ago
D) AC/EV is not the correct formula, it's actually AC-EV.
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Erin
1 year ago
B) AC-EV is the correct formula for calculating cost variance.
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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.
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Lizette
1 year ago
Let's double check the formula to be sure.
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Jani
1 year ago
I believe it's actually B) AC-EV.
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Cruz
1 year ago
I think the correct equation is A) EV-AC.
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Keneth
1 year ago
I believe the correct answer is A) EV-AC, as it aligns with the formula for cost variance.
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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.
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Elliott
1 year ago
I agree with Natalya, because cost variance is calculated by subtracting actual cost from earned value.
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Clay
1 year ago
I'm going with A) EV-AC. That seems like the most logical way to calculate cost variance to me.
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Leota
1 year ago
Yes, A) EV-AC is the formula for cost variance calculation.
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Deandrea
1 year ago
I'm not sure, but I think it's A) EV-AC as well.
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Mammie
1 year ago
I agree, EV-AC is the way to go when calculating cost variance.
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Desirae
1 year ago
I think A) EV-AC is the correct equation for calculating cost variance.
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Willow
1 year ago
I'm pretty sure the correct answer is B) AC-EV. That's the equation used to calculate cost variance, right?
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Rosendo
1 year ago
You got it! B) AC-EV is the formula for cost variance calculation.
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Stefania
1 year ago
That's right! AC-EV is the correct equation for calculating cost variance.
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Blondell
1 year ago
Yes, you are correct. B) AC-EV is the equation used to calculate cost variance.
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Merilyn
1 year ago
I agree with the first user, B) AC-EV is indeed the correct equation for calculating cost variance.
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Makeda
1 year ago
I think you might be mistaken. The correct equation is A) EV-AC for cost variance.
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Noemi
1 year ago
Yes, you are correct! B) AC-EV is the equation used to calculate cost variance.
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Natalya
1 year ago
I think the answer is A) EV-AC.
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