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In Addition to Providing Input for Budgetary Estimates, the Process

question 69

Short Answer

 In addition to providing input for budgetary estimates, the process of _____ provides a cost baseline.


Definitions:

Decision-Making Process

A series of steps a person or organization takes to come to a conclusion and take action, from identifying a problem to evaluating the outcomes of the chosen solution.

Clarify

To make a statement or situation less confused and more comprehensible.

Criterion

A standard or rule by which something can be judged or decided.

Timely Information

Information received or provided at an appropriate time to influence decision-making.

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