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November 3, 2025
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What is life-cycle costing?

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Life-cycle cost analysis (LCCA) is a method for assessing the total cost of facility ownership. It takes into account all costs of acquiring, owning, and disposing of a building or Accounting Services in Buffalo. The primary goal of LCC is to guide decision-making—whether it's choosing between two competing assets, setting a product's selling price, or making capital budgeting choices—by providing the most accurate and complete financial picture.

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