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Method of estimation of cost function by making opinions and analysis...

This question belongs to Commerce Costing
Costing
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Method of estimation of cost function, by making opinions and analysis about cost and cost drivers is classified as

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Correct Answer: Option A
Method of estimation of cost function, by making opinions and analysis about cost and cost drivers is classified as conference method. The conference method is an approach to cost estimation that pools together data, analyses, and knowledge from expert sources in order to make decisions about costs.
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