Question: Which statement most accurately defines life - cycle costing? A measurement that compares total cost of operations to cost of replacement. A measurement of the

Which statement most accurately defines life-cycle costing?
A measurement that compares total cost of operations to cost of
replacement.
A measurement of the total cost of ownership over the life of an asset.
An accounting method to balance maintenance with operations costs.
A business concept that helps determine whether to rent or own a facility.
Which statement most accurately defines life-cycle costing? A measurement that compares

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