Computer · Estimation and Costing
When the sanctioned estimate is likely to be exceeded by more than 5% due to insufficient funds, change in price levels, or any reason other than structural alterations, the fresh estimate prepared is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1revised estimate✓
- 2detailed estimate
- 3unit rate estimate
- 4supplementary estimate
Correct answer
revised estimate
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