Terotechnologyisthetechniqueof balancing the costs and benefits associated with any long-term capital investment Itanalysesalltheinvestmentcostsand returnsarisingfromaninvestment throughout the life of the assets. It considers all the amount invested as well as to be incurred in future for the analysis Concept of Terotechnology:
It is a tool for ascertaining the costs incurred and to be incurred throughout the life of the assts. Allthepresentcostsandfuturecosts associated with capital assets are considered. It helps in investment decision making Asset Lifecycle Costing
Everycapitalinvestmentmustbe balancedintermsofcostsand benefits associated with it. Itcangivetheoptimalinvestment solutionforlongterminvestmentin capital assets. Balancing Cost and Benefits
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