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The Total Cost of Ownership

Question 44

Multiple Choice

The Total Cost of Ownership


A) Includes all costs associated with the product and its delivery
B) Is used by buyers to determine what they should spend on an item
C) Considers the full range of costs associated with the purchase and use of a product or service over its complete life cycle
D) Is an accounting concept that buyer's use to compare the value of competing offerings
E) None of the above.

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