How is cost variance calculated

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1. How is cost variance calculated? What does it mean when its negative or positive? When evaluating a work package with a negative cost variance, on what two types of activities should you focus and why?

2. What is the liability among and between principals, agents, and third parties with respect to contracts?

3. What is the liability of the principal for the torts and crimes of the agent?

Reference no: EM131776396

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