9. If the actual cost for a WBS item is $1500 and ~s eamedvalue was $2000, what
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9. If the actual cost for a WBS item is $1500 and ~s eamedvalue was $2000, what is its cost variance, and is it under or over budget?
a. the cost variance is -$500, which is over budget
b. the cost variance is -$500, which is under budget
c. the cost variance is $500, which is over budget
d. the cost variance is $500, which is under budget
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