Cost-benefit analysis is a process that involves which of the following?
O
A. Maximizing benefits and minimizing costs.
O
B. Accurately predicting the effects of every decision.
O
c. Determining the profit that results from production decisions.
O
D. Calculating a budget for each expense.

Cost-benefit-analysis( CBA) is a business decision-making tool that helps managers analyze and decides on projects. The CBA approach compares the total benefits arising from a situation or a project against its related costs before making a decision. This approach uses financial data, such as expected revenues and expenses, to determine the viability of projects.

Undertaking a cost-benefit analysis assists the business to engage in profitable ventures only. The CBA method ensures a business stays profitable by rejecting proposals that are likely to results in losses.

Cost-benefit analysis is a process that involves which of the following? O A. Maximizing benefits and minimizing costs. O B. Accurately predicting the effects of every decision. O c. Determining the profit that results from production decisions. O D. Calculating a budget for each expense.

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Cost-benefit analysis is a process that involves which of the following?
O
A. Maximizing benefits and minimizing costs.
O
B. Accurately predicting the effects of every decision.
O
c. Determining the profit that results from production decisions.
O
D. Calculating a budget for each expense.