Check all of the following that are true for top-down estimates (when being compared with bottom-up estimates). Make sure your answer reflects what is correct for Top-Down Estimates. 

Lower cost to create estimate

Higher cost to create estimate

Lower accuracy of estimate

Higher Accuracy of estimate

Typically made by people who will actuallly be doing the work or are very directly supervising it

Typically made by top managers

Might use Template or Range estimating methods

Might use Consensus or Apportion estimating methods