Q385
Success of cost reduction initiatives are evaluated by accurate
A.
cyclical factors
B.
indexed technique
C.
price estimation
D.
cost estimation
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Success of cost reduction initiatives are evaluated by accurate cost estimation. A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process.