Ti Qu Not 12 Study the following four random observations about life cycle costing and answer the following Ma question: P It identifies all costs which arise in relation to the product each year and then calculates the product's profitability on an annual basis. It focuses on the short-term by identifying costs at the beginning of a product's life cycle. Ill It allocates costs to each stage of a product's life cycle and writes them off at the end of each stage. IV It accumulates a product's costs over its whole life time and works out the overall profitability of a product. Which of the observations above is correct? O A. I only O B. IV only O C. I and Il O D. I and IllTi Qu Not 12 Study the following four random observations about life cycle costing and answer the following Ma question: P It identifies all costs which arise in relation to the product each year and then calculates the product's profitability on an annual basis. It focuses on the short-term by identifying costs at the beginning of a product's life cycle. Ill It allocates costs to each stage of a product's life cycle and writes them off at the end of each stage. IV It accumulates a product's costs over its whole life time and works out the overall profitability of a product. Which of the observations above is correct? O A. I only O B. IV only O C. I and Il O D. I and Ill