The statement factor weighting approach does not involve subjective judgement is not true.
Step-by-step explanation:
The operation of factor weighting is carried out by the management of an organization in order to determine the importance of each of the factors directly or indirectly associated with the organization.
Through factor weighting, the management can devise what factor needs to be given to more emphasis as compared to the others. This process is carried out based on certain parameters which also include subjective judgement.