________ uses information as a basis for estimating future costs.
A) Prediction method
B) Decision model
C) Implementation
D) Evaluation of performance

Question

Quizplus · Accepted Answer

Prediction methods use past information to make future estimations, including estimating future costs. Decision models, implementation, and evaluation of performance do not necessarily rely on using past information to estimate future costs.

________ Uses Information as a Basis for Estimating Future Costs