Which Is Most Likely to Be a Reason for Inaccuracies

question 20

Multiple Choice

 Which is most likely to be a reason for inaccuracies in information technology cost estimates?

• A) Estimates take a long time to be worked out.
• B) People lack estimating experience.
• C) Human beings are biased toward overestimation.
• D) Only software development provides the scope for estimates to be accurate.

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Definitions:

Debits Checking

The act of verifying or recording amounts debited from a checking account.

Customer Transaction

Any financial transaction or activity involving the sale of goods or services to customers.

Receive Payments

The process of recording the receipt of money from customers in payment for goods or services provided.

Customer Transactions

Financial interactions or operations between a business and its customers, including sales, returns, and payments.