Work Performance Information and Cost Forecasts Are Main Outputs of the _____

question 77

Multiple Choice

Work performance information and cost forecasts are main outputs of the _____ process.

• A)cost budgeting
• B)cost estimating  
• C)cost control
• D)cost pricing

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Definitions:

Tactical Plans

Short-term, specific plans that are part of a larger strategy or strategic plan, aimed at achieving particular aspects of a goal.

Intermediate-Term Plans

Refers to strategic plans developed for a timeframe of typically 2 to 5 years, aiming at achieving medium-range objectives.

Functional Plan

A detailed, department-specific plan designed to achieve operational and strategic objectives within an organization.

Operations

The day-to-day activities necessary for running a business or organization, focusing on producing goods or providing services efficiently and effectively.