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When calculating the aggregate total budgeted cost, if the sum of the initial estimates is higher than the sponsor budget: Reduce costs and recalculate Increase
When calculating the aggregate total budgeted cost, if the sum of the initial estimates is higher than the sponsor budget:
Reduce costs and recalculate
Increase costs and recalculate
Change the estimates
Ask the sponsor to increase the budget
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Financial Accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thomas, W. Morley Lemon, Catherine Seguin, Sandra Robertson Lemon
4th Canadian Edition
0131384333, 9780131384330
