Which of the Following Costs Should NOT Be Added to the Cost

question 68

Multiple Choice

Which of the following costs should NOT be added to the cost of the machine?

• A) The cost of transporting the machine to its setup location
• B) The cost of insurance for the machine while it is in-transit
• C) The cost of a special platform for the machine
• D) The cost of oiling the machine after it has been used for two years

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Definitions:

PERT Diagram

A project management tool used to schedule, organize, and coordinate tasks within a project, visualizing the project’s timeline and critical path.

Gantt Charts

A type of bar chart that illustrates a project schedule, showing the start and finish dates of the various elements of a project.

Benchmarks

Standardized points of reference or metrics used to measure and compare the performance of various entities.

Quality Control

The process of ensuring that products and services meet the required standards and specifications before they are delivered to the customer.