1.Which of the following statements about development cost estimates is TRUE?

A . Consulting firms provide detailed estimates of costs. The units of cost estimates are uniform across all areas.

B. While architecturally possible, the number of floors can be arbitrarily large as long as the implied floor area is kept below the maximum allowed ground floor area.

C. The construction loan is usually disbursed in multiple installments rather than a lump-sum disbursement.

D. All of the above.