Question

An awareness of the impact of today's actions on tomorrow's costs is a concept that underlies which of the following notions? Select one: A. Life-cycle costs B. Marginal revenue C. Target pricing D. Kanban systems

Answer 1

Answer:

The correct answer is A. Life-cycle costs

Explanation:

In the life cycle of costs, all the costs associated with the production of a good or the provision of a service over a given period of time interfere. For this reason, professionals in charge of this area should consider not only the information directly related to production, but also the costs associated with the maintenance of the product during its useful life.