Question: A project team budgeted us $3,000 for the work performed and has spent us $4,000 to date. if they budgeted us $5,000 for the work

A project team budgeted us $3,000 for the work performed and has spent us $4,000 to date. if they budgeted us $5,000 for the work sccheduled, what is the cost variance (cv)?

A. * ($1,000)

B. $2,000 C. $1,000 D. ($2,000)

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