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Which one of the following statements most accurately describes how Earned Value (EV) data should be used to determine the budget requirement for a contract?

Which one of the following statements most accurately describes how Earned Value (EV) data should be used to determine the budget requirement for a contract?

Develop an Estimate at Completion and add appropriate profit or fee
Use the contractors Latest Revised Estimate and subtract appropriate profit or fee
Use the contractors Latest Revised Estimate
Develop an Estimate at Completion

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