The analytical tool used to determine the total value of a purchase over its useful life by calculating all of the costs that would be associated with the item is
A)price analysis
B)cost analysis
C)life-cycle cost analysis
D)capital equipment justification

Question

Quizplus · Accepted Answer

Life-cycle cost analysis is the analytical tool used to determine the total value of a purchase over its useful life by calculating all of the costs associated with the item, including initial purchase price, maintenance, operation, and disposal costs.

The Analytical Tool Used to Determine the Total Value of a Purchase