Life-Cycle Costing Is Best Described by Which of the Following

question 37

Multiple Choice

Life-cycle costing is best described by which of the following?

• A) it is a method of cost planning to reduce manufacturing costs to targeted levels
• B) it is the process of tracking and accumulating costs that are incurred within the manufacturing and distribution links of the value chain
• C) it is the process of tacking and accumulating business function costs across the entire value chain
• D) it is a costing system that focuses on reducing costs during the manufacturing cycle

---

Definitions:

Aging Process

The natural phenomenon involving physical, psychological, and social changes in humans over time, leading to older age.

Tendonitis

An inflammation or irritation of a tendon, a thick cord that attaches bone to muscle.

Inflammation

A biological response of body tissues to harmful stimuli, such as pathogens, damaged cells, or irritants, characterized by redness, warmth, swelling, and pain.

Tendon

A tough, flexible band of fibrous tissue that connects muscles to bones, enabling movement of the body.