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Which of the following could be used to justify the cost of a piece of equipment?

  1. Reduced staff training needs

  2. Increased cost over a specified period of time

  3. Subjective perceptions of staff

  4. Convenience of the equipment

The correct answer is: Increased cost over a specified period of time

The correct answer is B, increased cost over a specified period of time. Justifying the cost of a piece of equipment often involves conducting a cost-benefit analysis to determine the financial impact of the equipment. By analyzing the increased cost over a specified period of time, such as comparing the cost savings or revenue generation that the equipment can provide, one can accurately assess whether the investment in the equipment is justified. This approach allows decision-makers to objectively evaluate the financial implications of purchasing the equipment and make an informed decision based on quantitative data. Options A, C, and D are not suitable justifications for the cost of a piece of equipment. Reduced staff training needs, subjective perceptions of staff, and convenience of the equipment are important factors to consider but do not provide a solid financial justification for the cost of the equipment.