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Q: What are the differences between social and financial costs?
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What are the differences between social cost benefit analysis and financial analysis?

Benefit-cost analysis determines whether the direct social benefits of a proposed project or plan outweigh its social costs over the analysis period. Such a comparison can be displayed as either the quotient of benefits divided by costs (the benefit/cost ratio), the difference between benefits and costs (net benefits), or both. A project is economically justified if the present value of its benefits exceeds the present value of its costs over the life of the project. Financial Analysis. The objective of financial analysis is to determine financial feasibility (that is, whether someone is willing to pay for a project and has the capability to raise the necessary funds). A financial analysis answers questions such as, Who benefits from a project? Who will repay the project costs, and are they able to meet repayment obligations? Will the beneficiaries be financially better off compared to what they will be obligated to pay?


What is the Differences between internal and external cost?

Internal costs are costs that a business bases its price on. External costs are costs that are not included in what the business bases its price on Nicodem


Describe the differences between implicit costs and explicit costs?

Explicit costs are those that are a result of a product. Implicit costs are costs that are associated with a product, but they can't be directly linked to the product.


The similarities and differences between standards and budgets?

One similarity between standards and budgets is they are both predetermined costs. A major difference is that companies can report inventories using standard costs but not budget costs.


What are the differences between certain photographic reflectors?

The pricing is different. You can get a Lumiere at about $50 and the Wescott costs about $85.


What is the difference between imputed costs and book costs?

Imputed costs do not appear in the historical cost accounting records for financial reporting. The actual cost incurred is recorder and is called a book cost.


What is the difference between a refinance and a home equity loan?

There are many differences between a refinance loan and a home equity loan. These include differences in costs, loan structure, interest rates and accessing your money.


What is the difference between home equity and a home loan?

There are many differences between a refinance loan and a home equity loan. These include differences in costs, loan structure, interest rates and accessing your money.


What is net regulatory burden?

It is the difference between the private costs of regulations and the private benefits for the producer of financial services.


What are the difference between social cost and economic growth?

Social cost is part of economic growth because overall economic production is a function of social benefit minus social costs.


What are the differences between relevant cost and irrelevant cost?

In decision making process those cost which are effected from the decision under consideration those costs are called relevent costs and those costs which have no impact on decision making of specific project are called irrelevent costs.


What are the differences between direct costs and indirect costs give an example of each?

Direct costs are costs specifically tied to objects, like raw materials or equipment. Indirect costs affect the company as a whole, not attached to an 'object', and include things like advertisement, payroll, and depreciation of equipment.