It Is Extremely Difficult to Estimate the Revenues and Costs

question 179

True/False

It is extremely difficult to estimate the revenues and costs associated with large complex projects that take several years to develop.This is why subjective judgment is recommended for such projects instead of cash flow analysis.

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Definitions:

Pathological Behavior

Actions or behaviors that are extreme or abnormal, often indicating the presence of a psychological disorder or disease.

Past Conditioning

The influence of previous experiences and learned behaviors on an individual's current actions and reactions.

Vague Feelings

Indistinct or unclear emotional states not easily defined or understood.

Obsessive-compulsive Disorder

A mental disorder where people feel the need to check things repeatedly, perform certain routines, or have certain thoughts repeatedly.