Preventative Maintenance Makes System Changes to Reduce the Chance of Future

question 15

True/False

Preventative maintenance makes system changes to reduce the chance of future system failure.

---

Definitions:

Unit Cost

The cost incurred to produce, store, and sell one unit of a product, calculated by dividing total costs by the number of units.

Cost Driver

A factor that causes the cost of an activity or process to change.

Time Frame

The period during which an event occurs or is planned to occur, often with a specified start and end date.

Cost Data

Information related to the amounts incurred to create a product or service, used for budgeting, valuing inventory, and setting selling prices.