Ask Question
BusinessBusiness
5 March, 16:56

The Cost-Benefit Principle indicates that an action should be taken if:A. its total benefits exceed its total costs. B. its average benefits exceed its average costs. C. its net benefit (benefit minus cost) is zero. D. its extra benefit is greater than or equal to its extra cost.

+2
Answers (1)
  1. 5 March, 17:06
    0
    A. its total benefits exceed its total costs.

    Explanation:

    In the theory of decision, the cost-benefit principle analizes the potential benefits and costs of a projects of any nature. A necessary condition according to this theory, the benefits must be greater than the costs.

    The direct implication of this stament is to evolve to a better stage than where the situation, organization or community actually is.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The Cost-Benefit Principle indicates that an action should be taken if:A. its total benefits exceed its total costs. B. its average ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The order of presentation of activities on the statement of cash flows is A. operating, financing, and investing. B. financing, investing, and operating. C. financing, operating, and investing. D. operating, investing, and financing.
Answers (2)
A student who is interning with your company made some updates to the music video project schedule. Unfortunately, he is still learning about Microsoft Project and has entered some information incorrectly.
Answers (1)
On July 22, a company that uses the perpetual inventory system purchased merchandise inventory at a cost of $5,250 with credit terms 2/10, net 30. If the company pays for the purchase on August 1, what would be the appropriate journal entry? A.
Answers (1)
What annual percent growth rate is equivalent to a continuous percent growth rate of 15 %?
Answers (1)
Which type of accounting change should always be accounted for in current and future periods? Entry field with incorrect answer Change in reporting entity Change in accounting estimate Correction of an error Change in accounting principle
Answers (1)
New Questions in Business
According to computer estimates using a traditional macroeconomic model, the Obama administration found that the multiplier for tax cuts and government expenditures were respectively a ...99 and 1.59. b. 1.59 and. 99 c. 1.3 and 1.7
Answers (1)
Aaron has recently started working at a credit union. Which motive might have prompted Aaron to join the credit union? A. to earn profit B. to sell the organization's stocks in the financial market C.
Answers (1)
The Ethics Review Board at XYZ College is composed of students who were elected by the student body. When a student is charged with an ethics violation, the Board meets to hear both sides of the dispute in a confidential meeting.
Answers (1)
You buy a house for $220,000 in a neighborhood where home prices have risen 5% annually on average. You suspect that growth in home prices will slow to an average of 3.5% per year over the next five years. If your growth estimate of 3.
Answers (1)
Sam's business will cost $49,500 to set up and run for the first year. Sam then expects an annual operational expense total of $30,500.
Answers (1)
Home » Business » The Cost-Benefit Principle indicates that an action should be taken if:A. its total benefits exceed its total costs. B. its average benefits exceed its average costs. C. its net benefit (benefit minus cost) is zero. D.
Sign Up Forgot Password?