This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking.
While a drag and drop style question is impossible to fully replicate within a paper based medium, some questions of this style have been included for completeness.
Which of the following are said to be benefits of lifecycle costing?
It provides the true financial cost of a product
The length of the lifecycle can be shortened
Expensive errors can be avoided in that potentially failing products can be avoided
Lower costs can be achieved earlier by designing out costs
Better selling prices can be set
Decline stages of the lifecycle can be avoided
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