Information for life-cycle cost management is supported by a(n)

Question

Quizplus · Accepted Answer

Activity-based costing system is the best choice for supporting life-cycle cost management as it assigns costs based on the activities that generate them, rather than just the products or processes. This allows for a more accurate allocation of costs throughout the entire life cycle of a product or service, from design and development to disposal. Functional-based and normal costing systems may not provide the level of detail necessary for effective life-cycle cost management.

Information for Life-Cycle Cost Management Is Supported by A(n)