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Explain why individual evaluations of cost and benefit are always subjective?
Wiki User
∙ 11y ago
Subjective apex
Wiki User
∙ 11y ago
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People come to different decisions using cost-benefit analysis even under the same conditions because costs and benefits are both what?
Subjective
Should married couples file togherther?
If only one of them has income, it will probably be to their benefit to do so, but not always. It's up to any individual couple whether they file jointly or separately.
What is Tangible Vs Tangible benefit?
Tangible Benefit: - It is a benefit to a person or organization which can be felt and touched. It is a real benefit which is straight forward. Ex: Saving money Intangible Benefit: - It is an indirect benefit which can't be felt or touched. Ex: Saving time
Distinguish single and double entry system?
Single entry records only one aspect of transaction, such as:- - Cash received from sale is recorded in cash register only- - Goods sold on credit are recorded in the individual's account only- - When cash is received from the customer, to whom the something was sold on credit, the receipt may be just recorded in the account of individual onlyDouble entry records both aspects of transaction, such as:- - When good are sold on cash the two aspects of the transaction are - the seller has sold goods and received cash against them. The goods sold are benefit transferred to the purchaser (Credit) whereas the cash received if the benefit against the goods sold (Debit).- - When the goods are sold on credit the benefit given is the same i.e. goods sold but the benefit received is not cash but a right to receive cash from the customer. Therefore, in this case Debit is given to customer's account (account receivable) instead of cash.- When cash is received from the customer the right to receive cash ceases. So, the benefit received is cash and benefit transferred is the right to receive cash. Here cash will be debited and customer will be credited.
What is tangible vs intangible benefits?
Tangible Benefit: - It is a benefit to a person or organization which can be felt and touched. It is a real benefit which is straight forward. Ex: Saving money Intangible Benefit: - It is an indirect benefit which can't be felt or touched. Ex: Saving time
What are calculations of cost of benefit?
subjective
What Calculations of cost and benefit are always?
subjective
Calculations of cost and benefit are always?
subjective
When do you get a lobotmy?
Has no benefit to the individual Has no benefit to the individual
Calculations of cost and benefit are always which of the following?
Subjective
How does peace and friendship the society benefit the individual?
How does peace and friendship the society benefit the individual?
Because calculations of cost and benefit are subjective they can be described as?
Vary from one person to another.
Why do people come to different decisions using a cost benefit analysis even under the same conditions?
Costs and benefits are both subjective.
People come to different decisions using cost benefit analysis even under the same conditions because cost and benefit are both what?
Subjective
How does government Social Security benefit an individual in the United States?
Government Social Security benefit can help an individual if they are to become disabled. To qualify for this benefit you would first have to meet medical criteria and qualify for this benefit.
Why determination of cost must go beyond counting the money involved?
Calculations of cost and benefit are subjective.
How do computer benefit individual healthcare?
it doesnt :)
