Sunday, September 18, 2011

Life-cycle costing is the name given to

ACCOUNTING

Multiple Choice

Life-cycle costing is the name given to

a. a method of cost planning to reduce manufacturing costs to targeted levels.

b. the process of examining each component of a product to determine whether its cost can be reduced.

c. the process of managing all costs along the value chain.

d. a system that focuses on reducing costs during the manufacturing cycle.

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