All of the Following Factors Must Be in Place in Order

question 45

Multiple Choice

All of the following factors must be in place in order to develop an analogous estimate effectively EXCEPT:​ 

• A) An organization must know details behind the time value of money. 
• B) An organization must know how and to what extent the proposed project differs from the previous project. 
• C) An organization must have experience in performing similar projects. 
• D) An organization must know how much previous projects actually cost.

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Definitions:

Neutralization Reaction

A chemical reaction in which an acid and a base react to form water and a salt, achieving a balanced pH.

Salt

An ionic compound resulting from the neutralization reaction of an acid and a base, commonly exemplified by sodium chloride.

Water

A clear, flavorless, scentless, and almost colorless substance that forms the primary part of the Earth's hydrosphere and the liquids within most living beings.

Hydrobromic Acid

A strong acid formed by dissolving the diatomic molecule hydrogen bromide (HBr) in water.