The Identification of Cost Drivers Is Perhaps the Most Important

question 117

Multiple Choice

The identification of cost drivers is perhaps the most important step in developing the cost estimate because:

• A) It is the first step in cost estimation.
• B) It is the final step in cost estimation.
• C) There may be a number of relevant drivers, some not immediately obvious.
• D) The other steps are easier to execute.
• E) It requires much more time than the other steps.

---

Definitions:

Bill of Rights

The Bill of Rights generally refers to the first ten amendments to the United States Constitution, guaranteeing such rights as freedom of speech, assembly, and worship.

Government Action

Activities or measures taken by a government body or agency in the exercise of its powers.

Bill of Rights

The Bill of Rights constitutes the first ten amendments to the United States Constitution, guaranteeing fundamental civil liberties and protections to individuals.

Federal Government

The national government of a federal country, which holds the authority to govern the entire country and is composed of separate divisions including legislative, executive, and judicial branches.