Which Technique Is Least Likely to Be Used to Quantify

question 90

Multiple Choice

Which technique is least likely to be used to quantify intangible benefits?

• A)opinion surveys
• B)simulation models
• C)professional judgment
• D)review of accounting transaction data

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Definitions:

Important Fact

A piece of information that is crucial or significant in context, influencing decisions or outcomes.

Mistakes Of Value

Errors made in transactions based on incorrect assessments of the value of goods, services, or property.

Enforceability

Refers to the ability of a legal agreement to be upheld or enforced in a court of law.

Quality

The degree to which a product, service, or process meets specified standards or user expectations.