An earned value report shows:
A) How much money has actually been spent so far on the project.
B) Slippages in performance measures for the work product.
C) The budgeted value of work performed.
D) Slippages in time against planned measures.
C
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Which of the following statements is true of performance reporting?
A) Responsibility reports should focus on the person responsible for unfavorable variances, rather than information. B) Managers should not be held accountable for uncontrollable variances. C) Only unfavorable variances should be explained in the reports. D) Every variance, regardless of magnitude, must be investigated by the managers.
Which of the following is NOT causing greater complexity in the regulation of trade?
A) growth in export tariffs B) services available over the Internet C) heightened concern about product safety D) development of new products that must be classified