Explain the objection to using past data to estimate future costs. Is the past always irrelevant to

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Explain the objection to using past data to estimate future costs. Is the past always irrelevant to predicting the future?

Explain. How might you reasonably adjust cost-estimation

/ esults based on past data to estimate future costs?

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Cost Management Strategies For Business Decisions

ISBN: 12

4th Edition

Authors: Ronald Hilton, Michael Maher, Frank Selto

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Question Posted: Jul 12, 2024 10:07 AM

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Explain the objection to using past data to estimate future costs. Is the past always irrelevant to

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Cost Management Strategies For Business Decisions

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