Question: What does the 2 0 / 8 0 earning rule tell us ? 8 0 % of the budget is used to complete 2 0

What does the 20/80 earning rule tell us?
80% of the budget is used to complete 20% of the activity.
Percent complete is calculated at 80% when the activity starts and the remaining 20% is calculated when the activity is complete.
20% of the budget is used to complete 80% of the activity.
Percent complete is calculated at 20% when the activity starts and the remaining 80% is calculated when the activity is complete.
What does the 2 0 / 8 0 earning rule tell us ? 8

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

MGMT 8500: BUDGET ASSIGNMENT - S21 MGMT 8500 BUDGET ASSIGNMENT-521 Overview: In this assignment, you are provided with a case which includes data relating to static budget, flexible budget, and...

Q:

MGMT 8500: BUDGET ASSIGNMENT - S21 MGMT 8500 BUDGET ASSIGNMENT-521 Overview: In this assignment, you are provided with a case which includes data relating to static budget, flexible budget, and...

Q:

CASE Background: Sparkling Clean Services (SCS) is a local business in the Tri-cities area. It provides cleaning services to residential households and commercial establishments. Both households and...

Q:

From Page number 3 to Page number 8 is the whole question . On page number 8, all required Excel sheet files are mentioned and all excel sheet files screenshots are also included for reference....

Q:

plase also help me with the steps of inserting data in excel sheet below with solution :) Overview: In this assignment, you are provided with a case which includes data relating to static budget,...

Q:

Parametric Statistics My professor uses an older version of excel and I have been having a hard time figuring it out on my newer version, Have tried both numbers on my mac and excel, help!...

Q:

Parametric Statistics My professor uses an older version of excel and I have been having a hard time figuring it out on my newer version, Have tried both numbers on my mac and excel, help!...

Q:

The management of Zigby Manufacturing prepared the following balance sheet for March 31. ZIGDY MANUFACTURING Balance sheet March 31 Assets Liabilities and Equity Cash $ 54,000 abilities Accounts...

Q:

2. (10 points) A portion of the graph y = f(x) is shown in the image below, and the region bounded by this graph and the r-axis is shaded. 2 Figure 1: Graph of y = f(x) over [0, 4). If we are told...

Q:

1. (10 points) Several statements about the definite integral of a continuous function f(x) over [a, b] are written be- low. Determine those statements that are true by writing "TRUE" and those that...

Q:

Determinations of the ultimate tensile strength Sut of stainless steel sheet (17-7PH, condition TH 1050), in sizes from 0.016 to 0.062 in, in 197 tests combined into seven classes were Where f is the...

Q:

Sunland Company purchased a new machine on October 1, 2022, at a cost of $ 67,380 . The company estimated that the machine has a salvage value of $ 6,120 . The machine is expected to be used for...

Q:

Ennis That's what I think too. Irina How do the numbers look once you factor in the economic and political risk we talked about? Ennis Ive put sonne additional information about projected cash flows...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....