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