How Can Managers Avoid Ethical or Legal Problems with Cost

question 80

Essay

How can managers avoid ethical or legal problems with cost estimates and obtain accurate cost data?

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Definitions:

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a standardized classification of mental health conditions published by the American Psychiatric Association.

Mental Disorders

A wide range of conditions that affect mood, thinking, and behavior, often causing distress and difficulty in functioning.

Durham Rule

A legal standard for determining insanity, stating that an accused is not criminally responsible if the unlawful act was the product of mental disease or defect.

Insanity Defense

A legal defense by which a defendant claims they were unable to understand the nature or wrongfulness of their actions due to mental illness at the time of the criminal act.