In sustainability management accounting, life cycle costing involves summing the costs of the activities involved in the design, development, production, sale, transportation, and disposal of a product or service throughout internal and external value chains.

Question

Quizplus · Accepted Answer

Life cycle costing does involve summing the costs of activities throughout internal and external value chains, as described.

In Sustainability Management Accounting, Life Cycle Costing Involves Summing the Costs