Life-Cycle Costing Is Best Described by Which of the Following

Multiple Choice

Life-cycle costing is best described by which of the following?

A) it is a method of cost planning to reduce manufacturing costs to targeted levels
B) it is the process of tracking and accumulating costs that are incurred within the manufacturing and distribution links of the value chain
C) it is the process of tacking and accumulating business function costs across the entire value chain
D) it is a costing system that focuses on reducing costs during the manufacturing cycle