According to the textbook, which of the following statements is false?

Group of answer choices

All negotiations have an economic as well as a psychological dimension.

FinTech firms assist manufacturers in the development and implementation of process technology innovation.

Life cycle costing can be used to justify the acquisition of expensive equipment on the basis of lower operating costs over the life of the asset.

Target costing may result in company$-$wide cost reductions in design to cost$,$ manufacture to cost$,$ and purchase to cost$.$