When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a ______________ estimate, because you do not want to underestimate expenses.

Question

When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a ______________ estimate, because you do not want to underestimate expenses. ​

Quizplus · Accepted Answer

A liberal estimate is recommended when drafting an expense budget because it is better to overestimate expenses than to underestimate them.

When Drafting an Expense Budget, Such as Estimating Overhead Expenses