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The manager at the Center of Research encourages interdepartmental coordination

ID: 2586866 • Letter: T

Question

The manager at the Center of Research encourages interdepartmental coordination among the
staff, and the pooling of expert knowledge from different business functions. The manager is
concerned because the costing method implemented at the company is based on opinions rather
than systematic estimation. This creates issues because the accuracy of the cost estimates is based
on the skill of the employees that provide inputs. What cost estimation is implemented at the
Center of Research?

A) Conference Method.
B) Industrial Engineering Method.
C) Work Measurement Method.
D) Quantitative Analysis Method.
E) Account Analysis Method.

Explanation / Answer

Conference Method is implemented at the Center of Research Option A is correct