D Question 10 0.25 pts The greater the accuracy of a cost estimate The more expensive it is to produce. O The cheaper it is to produce. D Question 11 0.25 pts Uncertainty surrounding the benefits of a project usually exceeds uncertainty surrounding the costs of the project due to: O Benefits occurring further in the future than costs. The tendency for benefits to be "locked in" and for costs to be variable. Costs occurring further in the future than benefits. The tendency for costs to be sunk and benefits to be incremental D Question 12 0.25 pts Arriving at a realistic assessment of the value of a project is hampered by: O Overconfidence bias Underconfidence bias