Life-Cycle Cost Management Emphasizes

question 118

Multiple Choice

Life-cycle cost management emphasizes

• A)cost control.
• B)cost reduction.
• C)normal costing.
• D)process costing.

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Definitions:

Competitive

Characterized by or involving competition; having a strong desire to win or be the best at something.

Type A Orientation

A behavior pattern characterized by aggressiveness, competitiveness, urgency, and a constant struggle to achieve more in less time.

Achievement-oriented

A personal or organizational focus on setting and meeting high-performance standards and goals.

Type A Orientation

A personality trait characterized by competitiveness, urgency, aggressiveness, and a high degree of ambition and drive.