The cost-to-cost basis measures progress towards completion by
A)comparing costs incurred to date with total costs to complete the contract.
B)tracking results of work completed to date; it is an output measure.
C)tracking floors of a building completed versus floors still to be completed.
D)tracking miles of a highway completed versus miles of highway still to be completed.

Question

Quizplus · Accepted Answer

The cost-to-cost basis measures progress by comparing the costs incurred to date with the total estimated costs to complete the contract, providing a financial perspective on the project's progress.

The Cost-To-Cost Basis Measures Progress Towards Completion by