Life cycle costing can be used to focus managers' attention on:
I. Development costs
II. Decommissioning costs
III. Marketing costs
A) I and II
B) I and III
C) II and III
D) I, II and III

Question

Quizplus · Accepted Answer

Life cycle costing focuses on the total cost of a product, which includes development costs and decommissioning costs. Marketing costs are not typically included in life cycle costing as they are considered a separate category of expenses.

Life Cycle Costing Can Be Used to Focus Managers' Attention