Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceeds

Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceeds

Q. Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceeds

A.            2.0 %

B.            2.5 %

C.            4.0 %

D.            5.0 %

Answer: 5.0 %

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