Question: solve Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the BEST statement. $130,000 $120,000

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Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the BEST statement. $130,000 $120,000 $110,000 $100,000 $30,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 12 16 20 24 28 32 36 40 () With regards to budget, the project starts badly but finishes well ) With regards to budget, the project starts well but finishes badly. () The project never experiences negative variance. (2) The project is in a constant state of positive variance

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