In Keeping with the Current Trend of Increased Strategic Planning

question 1

Multiple Choice

In keeping with the current trend of increased strategic planning, how have management accountants changed their use of life-cycle costing?

• A)They have now shifted their focus from R&D costs to marketing and promotion costs.
• B)They have turned from a sole focus on manufacturing costs to a much wider outlook, taking into account costs from the entire product life-cycle.
• C)They stopped looking at the entire life-cycle, and now focus their attention on product design costs.
• D)Accountants don't use life-cycle costing, that task is left for the operations manager.

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