General Discussion

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Question on Cost Variance

You are managing a project with total budget of $ 36,000 to be finished in 1 year . You are in the end of 6th month and currently project is on schedule; however the actual cost of the project is $20,000. What is the cost variance in the project?
 
  
 
 
    A. + $2000
  
 
    B. - $2000
  
 
    C. +$16,000
  
 
    D. -$ 6,000


 


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