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| Q. |
Considerations of costing systems are |
| A. | life cycle costs |
| B. | machine usage |
| C. | cost of purchasing machinery |
| D. | all of the mentioned |
| Answer» D. all of the mentioned | |
| Explanation: costing systems, also called cost justification, typically include the following considerations: (a) intangible benefits of quality improvements and inventory reduction, (b) life-cycle costs, (c) machine usage, (d) cost of purchasing machinery compared with that of leasing it, | |
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