A new product is being developed. The development will take one year and the product is expected to have a life cycle of two years before it is replaced.Which of the following statements are true of life cycle costing?Statement 1 It is useful for assessing whether new products have been successful.Statement 2 The individual profitability for products is less accurate.
A、Both statements are true
B、Both statements are false
C、Statement 1 is true and statement 2 is false
D、Statement 2 is true and statement 1 is false
A、Both statements are true
B、Both statements are false
C、Statement 1 is true and statement 2 is false
D、Statement 2 is true and statement 1 is false
【参考答案及解析】
Statement 1 is true. More accurate feedback can be obtained since the costs of research and development are also taken into account. Statement 2 is false. Individual profitability for products is more accurate.
Statement 1 is true. More accurate feedback can be obtained since the costs of research and development are also taken into account. Statement 2 is false. Individual profitability for products is more accurate.