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NEW QUESTION: 1
Holly is the project manager of the NDS project and she is 85 percent complete with her project though she should be 95 percent complete. Her project has a BAC of $9,850,400 and she has spent $8,011,221 to date. What is Holly's schedule variance for this project?
A. $130,901
B. -$985,040
C. $163,626
D. 0.16
Answer: B
Explanation:
The schedule variance for a project can be found by subtracting the planned value from the earned value. In this instance, it would be as follows: SV = EV - PV =(0.85*9,850,400) - (0.95*9,850,400) = 8,372,840 - 9,357,880 =-985,040 Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the schedule is ahead or behind what was planned for this period in time. The schedule variance is calculated based on the following formula: SV = Earned Value (EV) - Planned Value (PV) If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater than 0 shows that the project is ahead of the planned schedule. A value of 0 indicates that the project is right on target. Answer option B is incorrect. $130,901 is the cost variance. Answer option A is incorrect. $163,626 is the variance at completion for this project. Answer option D is incorrect. 0.16 is the difference between the schedule performance index of .84 and a perfect schedule.

NEW QUESTION: 2
While analyzing the transaction history for a supplier, you review the vouchered year to date amount In the Supplier Master record. Which of the following options describes the currency in which the system displays this amount?
A. The domestic currency of the company where the vouchers were entered.
B. The currency associated with Company 00000.
C. The currency defined In the A/B Amount Code field of the Supplier Master.
D. The currency in which the vouchers were paid.
E. The currency defined In the Default Code field of the Supplier Master.
Answer: C

NEW QUESTION: 3
Where in the SAP ECC system can you define production versions?
A. In the routing
B. In the material master
C. In the bill of material
D. In the work center
Answer: B