Q486
Method, which considers cost and cost drivers of departments such as employee relations and process engineering is termed as
A.
pricing method
B.
manufacturing method
C.
conference method
AnswerD.
inference method
Answer: Option C
Solution
Answer: Option C
Solution:
Method, which considers cost and cost drivers of departments such as employee relations and process engineering is termed as conference method. The conference method is an approach to cost estimation that pools together data, analyses, and knowledge from expert sources in order to make decisions about costs.