Which of the following would not be a reason that a company would use cost estimation?
A) Determining opportunities for reducing costs without reducing value to customers
B) Determining how much to pay an employee
C) Determining a pricing policy to discourage particular customers and attract others
D) All of the above

Question

Quizplus · Accepted Answer

Cost estimation is primarily used for analyzing and reducing operational costs, pricing strategies, and improving value to customers. It is not typically used to determine individual employee salaries, which would be influenced by factors such as market rates, experience, and negotiation rather than direct cost estimation methods.

Which of the Following Would Not Be a Reason That