Which of the following is true of life$-$cycle budgeting?

ANSWER

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Managers estimate the revenues and business function costs across the entire value chain from a product$$s initial R&D to its final customer service and support.

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Managers track and accumulate business function revenues across the entire value chain from a product$$s initial R&D to its final customer service and support.

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Managers track and accumulate business function costs across the entire value chain from a product$$s initial R&D to its final customer service and support.

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Managers estimate the revenues and business function costs across the entire value chain from a product$$s initial development to its final customer service and support, but exclude any R&D expenses incurred after the product$$s initial development.