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.
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.
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.
Whitney
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