Final answer:
As the level of detail in an estimate increases, the cost of making the estimate does not necessarily increase. More detailed estimates can lead to more accurate cost calculations, which can ultimately help in making better-informed decisions.
Step-by-step explanation:
False. As the level of detail in an estimate increases, the cost of making the estimate does not necessarily increase. In fact, more detailed estimates can lead to more accurate cost calculations, which can ultimately help in making better-informed decisions. For example, in construction projects, a more detailed estimate would involve considering various factors such as materials, labor, and overhead costs, which can help in avoiding surprises and cost overruns. However, it is important to note that the level of detail required for an estimate should be based on the specific needs of the project or situation.