Technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called
A. product life cycle
B. life cycle budgeting
C. life cycle costing
D. target costing
Answer: Option B
Solution (By Examveda Team)
Technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called life cycle budgeting. A life-cycle budget is an estimate of the total amount of sales and profits to be garnered from a product over its estimated life span.This Question Belongs to Management >> Management Accounting
Join The Discussion