ABC is a construction company, that has recently participated in a bid to design, construct and commission an apartment complex housing 20 flats, each 1500 square feet. To fund the project, which is valued at C$ 400,000, ABC will apply for a loan from the Bank of Montreal, at a 5% rate of interest. The loan is repayable within 10 years. But taking into consideration the timeframe for repayment, fluctuations in the external business environment, the company has therefore decided to accommodate these fluctuations into the

a.

The total cost estimates

b.

The reserves

c.

The budget

d.

The cost baselines