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NEW QUESTION: 2
The standard benchmark measure used for the cost of funds in the London Market is:
A. Base Rate
B. LIBOR
C. LIBID
D. UMEAN
Answer: D
NEW QUESTION: 3
Which of the following statements are FALSE?
A. Cost aggregation and parametric estimation is a tool/ technique of cost budgeting process
B. Parametric estimating is an estimating technique using project characteristics/ parameters to estimate the total project costs
C. Analogous estimating is a form of expert judgment and is generally less accurate than other techniques, but is also costly.
D. Cost aggregation is used to ensure that the expenditure of funds is reconciled with the funding limits imposed by the performing organization
Answer: D
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