The costs of services may be estimated as:
i. a basis of setting prices.
ii. a basis to determine which services to promote.
iii. a basis of cost control.
iv. an alternative to actual cost analysis.

Question

Quizplus · Accepted Answer

The costs of services may be estimated as a basis for setting prices, determining which services to promote, and cost control. However, estimated costs cannot be a complete alternative to actual cost analysis. Therefore, the best choice is B, including i, ii, and iii, as they are the most applicable and relevant uses of estimated costs.

The Costs of Services May Be Estimated As