Which of the Following Usually Accounts for the Majority of a Laboratory's

question 1

Multiple Choice

Which of the following usually accounts for the majority of a laboratory's annual budget?

• A)labor and supplies
• B)new equipment
• C)repair and maintenance
• D)referred testing

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Definitions:

Lower Cost

A strategy or outcome aimed at reducing expenses and financial outlay in the production or acquisition of goods and services.

Faster Delivery

The reduction of time it takes to transport goods or services to customers.

Dependable Delivery

The reliability of a supply chain in delivering products or services to customers within the promised time frame.