Cost benefit analysis is similar to which of the following?

Question

Dante

Social Studies

3 February, 23:28

Cost benefit analysis is similar to which of the following?

+2

Answers (2)

Know the Answer?

Devan Cox · Answer 1

Answer:Making a decision by listing pros and cons

Rebekah · Answer 2

To find out the strengths and weakness in order to determine the options with the best approach.

Explanation:

CBA is a benefit-cost analysis of a systematic approach to achieving the benefits while preserving savings. Has the two application as to determine the decision is sound and provides a basis for the comparison and being a cost-effective analysis that expresses the monetary terms and ranking of the alternative policies in terms of the cost-benefit ratios. Process is by defining the goals and objective and then defining the alternative actions and listing the stakeholders.