austinburnworth08 austinburnworth08

10-06-2024
Business

Answered

Which of the following terms best characterizes cost-benefit analysis?
O A. Financial
OB. Monetary
C. Rational
O D. Discretionary

Answer :

GinnyAnswer GinnyAnswer

10-06-2024

Final answer:

Cost-benefit analysis involves comparing costs and benefits in monetary terms to make rational decisions.

Explanation:

Cost-benefit analysis (CBA) is a rational process that compares the costs and measurable benefits of a project to determine its worth. It involves evaluating the monetary value of benefits against the costs incurred, usually in the same currency.

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