Estimating is the technique of calculating the various quantities and is needed for controlling the expenditure during the

Mr. Dubey • 52.30K Points
Coach

Q. Estimating is the technique of calculating the various quantities and is needed for controlling the expenditure during the

(A) special data book

(B) standard data book

(D) specific data record

Correct : Option (B)

Explanation:

 while fixing rate per unit of an item, the quantity of materials and labour needed for one unit of an item are strictly per the standard data book. however, the rates of labour and materials are obtained from the current standard scheduled of rates.

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Q. Estimating is the technique of calculating the various quantities and is needed for controlling the expenditure during the

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