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Q: Equivalent annual cost analysis is appropriate for comparing two or more projects?
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What is a cost and benefit analysis?

Cost-benefit analysis (CBA), sometimes called benefit-cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project, decision or government policy (hereafter, "project"). CBA has two purposes:To determine if it is a sound investment/decision (justification/feasibility),To provide a basis for comparing projects. It involves comparing the total expected cost of each option against the total expected benefits, to see whether the benefits outweigh the costs, and by how much.


Which describes the purpose of doing a cost benefit analysis?

The purposes of doing a cost-benefit analysis are to determine if it is a sound investment or decision and to provide a basis for comparing projects.


What is cost- benefit analysis?

Cost-benefit analysis (CBA), sometimes called benefit-cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project, decision or government policy (hereafter, "project"). CBA has two purposes:To determine if it is a sound investment/decision (justification/feasibility),To provide a basis for comparing projects. It involves comparing the total expected cost of each option against the total expected benefits, to see whether the benefits outweigh the costs, and by how much.


Which type of analysis do businesses utilize when making decisions among various projects?

Benefit-cost analysis


How Cost Volume Profit cost-volume-profit analysis would help managers in their decision making?

Cost volume profit analysis is a basic financial analysis tools to determine the underlying profitability of a company. Its components include activity level, price per unit, variable cost per unit and total fixed cost.

Related questions

What is a purpose of cost benefit analysis?

The purposes of doing a cost-benefit analysis are to determine if it is a sound investment or decision and to provide a basis for comparing projects.


What is the purpose of doing a cost- benefit analysis?

The purposes of doing a cost-benefit analysis are to determine if it is a sound investment or decision and to provide a basis for comparing projects.


What is a cost and benefit analysis?

Cost-benefit analysis (CBA), sometimes called benefit-cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project, decision or government policy (hereafter, "project"). CBA has two purposes:To determine if it is a sound investment/decision (justification/feasibility),To provide a basis for comparing projects. It involves comparing the total expected cost of each option against the total expected benefits, to see whether the benefits outweigh the costs, and by how much.


What is cost and benefits analysis?

Cost-benefit analysis (CBA), sometimes called benefit-cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project, decision or government policy (hereafter, "project"). CBA has two purposes:To determine if it is a sound investment/decision (justification/feasibility),To provide a basis for comparing projects. It involves comparing the total expected cost of each option against the total expected benefits, to see whether the benefits outweigh the costs, and by how much.


Which describes the purpose of doing a cost benefit analysis?

The purposes of doing a cost-benefit analysis are to determine if it is a sound investment or decision and to provide a basis for comparing projects.


What is cost- benefit analysis?

Cost-benefit analysis (CBA), sometimes called benefit-cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project, decision or government policy (hereafter, "project"). CBA has two purposes:To determine if it is a sound investment/decision (justification/feasibility),To provide a basis for comparing projects. It involves comparing the total expected cost of each option against the total expected benefits, to see whether the benefits outweigh the costs, and by how much.


What does analysis mean for a science fair?

analysis means to observe the projects and giving correct score


What are the disadvantages of managing a project?

The advantages and disadvantages of using projects and when projects are appropriate


Which type of analysis do businesses utilize when making decisions among various projects?

Benefit-cost analysis


What is comparative reading?

Comparative reading involves analyzing and comparing multiple texts to identify similarities and differences in their content, style, themes, or arguments. This method is often used in literary analysis, research projects, and academic studies to gain a deeper understanding of the texts and draw connections between them.


When comparing projects with different lives can the net present value of each unadjusted project be used to determine which project is superior?

True


What bills appropriate money for local projects?

pork-barrel bills