If the project's current total earned value (EV) is $100,000 and the actual amount spent (AC) is $95,000, what is the cost variance of the project? A. The cost variance is 1.05 B. The cost variance is 5,000 C. The cost variance is 0.95 D. The cost variance is -5,000 Your company has temporarily assigned you to serve as a project manager at a company location outside your home country. While meeting with a vendor your first day on the job, you are presented with a gift. The corporate policy at the headquarters in your home country prohibits employees from accepting these types of gifts. However, as you are new to this location, you believe- but are not sure-that the local policy, as well as local custom may differ. How should you respond? A. Provide a gift of similar value to the vendor at your next meeting. B. Accept the gift but do not tell anyone. C. Respectfully tell the vendor you are not sure of corporate policy, and will need to ask your management before you can accept gifts
If the project's current total earned value (EV) is $100,000 and the actual amount spent (AC) is $95,000, what is the cost variance of the project? A. The cost variance is 1.05 B. The cost variance is 5,000 C. The cost variance is 0.95 D. The cost variance is -5,000 Your company has temporarily assigned you to serve as a project manager at a company location outside your home country. While meeting with a vendor your first day on the job, you are presented with a gift. The corporate policy at the headquarters in your home country prohibits employees from accepting these types of gifts. However, as you are new to this location, you believe- but are not sure-that the local policy, as well as local custom may differ. How should you respond? A. Provide a gift of similar value to the vendor at your next meeting. B. Accept the gift but do not tell anyone. C. Respectfully tell the vendor you are not sure of corporate policy, and will need to ask your management before you can accept gifts
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:If the project's current total earned value (EV) is $100,000 and the actual
amount spent (AC) is $95,000, what is the cost variance of the project?
A. The cost variance is 1.05
B. The cost variance is 5,000
C. The cost variance is 0.95
D. The cost variance is -5,000
Your company has temporarily assigned you to serve as a project manager
at a company location outside your home country. While meeting with a
vendor
your
first day on the job, you are presented with a gift. The
corporate policy at the headquarters in your home country prohibits
employees from accepting these types of gifts. However, as you are new to
this location, you believe- but are not sure-that the local policy, as well as
local custom may differ. How should you respond?
A. Provide a gift of similar value to the vendor at your next meeting.
B. Accept the gift but do not tell anyone.
C. Respectfully tell the vendor you are not sure of corporate policy,
and will need to ask your management before you can accept gifts
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