Question: 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

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?
The cost variance is $1.05 The cost variance is $5,000 The cost variance is $0.95

The cost variance is $-5,000

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