Calibration Is Achieved Through Repetition and Feedback,which Improves the Quality

question 39

True/False

Calibration is achieved through repetition and feedback,which improves the quality of expert's estimates.

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Definitions:

Disbursement System

The system and processes involved in paying out money from an organization or fund.

Original Entry

The initial recording of a financial transaction in the accounting records or journal, marking the first stage in the accounting process.

Transaction Recording

The process of documenting all business transactions in the accounting records of an organization, following accounting principles.

Collusion

A secret agreement between two or more parties for a deceitful, illegal, or fraudulent purpose to deceive others.