Podcast
Questions and Answers
What does the report request about the estimated resource quantities and unit costs?
What does the report request about the estimated resource quantities and unit costs?
- It requests the methods for adjusting unit costs
- It requests the names of the estimated resource quantities
- It requests the dates of the estimated quantities and unit costs (correct)
- It requests the countries of the estimated quantities
Why is it important to report the dates of the estimated resource quantities and unit costs?
Why is it important to report the dates of the estimated resource quantities and unit costs?
- To determine the geographical locations of the resources
- To assess the reliability of the estimates (correct)
- To establish the market value of the resources
- To identify the suppliers of the resources
What is the purpose of adjusting estimated unit costs to the year of reported costs?
What is the purpose of adjusting estimated unit costs to the year of reported costs?
- To limit access to the resources
- To increase the profitability of the resources
- To accurately compare costs over different time periods (correct)
- To reduce the demand for the resources
How can estimated unit costs be adjusted to the year of reported costs if necessary?
How can estimated unit costs be adjusted to the year of reported costs if necessary?