Which of the Following Is NOT a Benefit of Life

question 48

Multiple Choice

Which of the following is NOT a benefit of life cycle reporting?

• A)The full set of revenues associated with each product becomes visible.
• B)The full set of costs associated with each product becomes visible.
• C)The differences between products in the percentage of their total costs incurred at earl stages in the life cycle are highlighted.
• D)Upstream costs, such as R & D, are the only costs that need to be added in when a life cycle report is complete.
• E)Interrelationships among business function cost categories are highlighted.

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Definitions:

Unit Amount

A specific quantity or measure of something, often used to standardize measurements or compare values.

Total Amount

The aggregate sum or the entirety of a particular set of numbers, values, or transactions, representing the overall total.

Materials Price Variance

The difference between the actual cost of materials and the expected (or standard) cost, used in budgeting and cost management.

Materials Quantity Variance

Materials Quantity Variance is the difference between the actual amount of materials used in production and the expected (or standard) amount, affecting cost management.