Managers go through a series of questions to decide whether to use past costs to estimate future costs. Which of the following questions is least likely to be one of them?
A) Is the cost relevant to the decision?
B) Is the cost highly discretionary?
C) Is the cost an engineered estimate?
D) Is the cost expected to change?

Question

Quizplus · Accepted Answer

Managers are less likely to ask if the cost is an engineered estimate when deciding whether to use past costs to estimate future costs. They focus more on relevance, discretion, and expected changes.

Managers Go Through a Series of Questions to Decide Whether