____ Use the Actual Cost of a Previous,similar Project as the Basis

question 51

Multiple Choice

____ use the actual cost of a previous,similar project as the basis for estimating the cost of the current project.

• A)Actual estimates
• B)Parametric estimates
• C)Bottom-up estimates
• D)Analogous estimates

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Definitions:

Accumulator

A storage structure for pressurized brake fluid in many ABS systems and the Powermaster brake booster system.

Refrigeration System

A system designed to remove heat from an enclosed space or from a substance for the purpose of lowering its temperature and/or maintaining it below ambient level.

Receiver/Dryer

A component in a vehicle's air conditioning system that removes moisture from the refrigerant and acts as a storage tank for the refrigerant when the system is not in use.

Passenger Compartment

The area of a vehicle designed to accommodate passengers, excluding the trunk or cargo space.