A Cost Benchmark Is Valid Only If the Standards Are

question 4

Multiple Choice

A cost benchmark is valid only if the standards are

• A)based on historical costs.
• B)kept up to date.
• C)reviewed by salaried assembly-line workers.
• D)practical and attainable.

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Definitions:

Underwater Landslide

A movement of rock, earth, or debris down a slope in an underwater environment, often triggered by earthquakes or other disturbances.

Tsunami

Ocean waves of exceptionally long lengths triggered by significant disturbances such as seismic activity, volcanic explosions, or submarine landslides.

Volcanic Eruption

The release of magma, gases, and ash from a volcano, which can form new landforms and impact climate.

Landslide

The movement of rock, earth, or debris down a slope due to gravity, often triggered by factors like rain, earthquakes, or human activity.