Kind of cost which on elimination, would not reduce perceived usefulness that customers can obtain by using market offering is known as

A designed-in costs
B locked-in costs
C value added cost
D non-value added cost

Correct Answer: non-value added cost

Kind of cost which on elimination, would not reduce perceived usefulness that customers can obtain by using market offering is known as non-value added cost. A non-value added cost is a production expense that does not increase the amount customers are willing to pay for the finished product.
Bissoy MCQ
#Management #Management Accounting

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