Which of the following statements best describes total cost of ownership (TCO)?By: Answerout
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Which of the following statements best describes total cost of ownership (TCO)?
A. TCO is the sum of all CapEx.
B. TCO consists of direct costs (CapEx) and indirect costs such as labor and training.
C. TCO consists of direct costs (CapEx) and indirect costs such as training, user productivity, competitive advantage, growth potential, and so on.
D. TCO is relevant to the finance manager only.
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