Multiple Choice
Which one of the following is a more serious concern in terms of an adverse variance from budget?
A) a negative variance of $10,000 in budget expenditures
B) a $10,000 shortfall in value earned on the project to date
C) a positive variance of $10,000 in budget expenditures
D) a $10,000 surplus in value earned on the project to date
Correct Answer:
Verified
Correct Answer:
Verified
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