Examveda
Examveda

In cost benefit approach, type of costs include

A. cost of ongoing operations

B. investments in physical assets

C. training of managers

D. all of above

Answer: Option D

Solution(By Examveda Team)

In cost benefit approach, type of costs include cost of ongoing operations, investments in physical assets and training of managers. A cost-benefit analysis is a process businesses use to analyze decisions. The business or analyst sums the benefits of a situation or action and then subtracts the costs associated with taking that action.

This Question Belongs to Management >> Management Accounting

Join The Discussion

Related Questions on Management Accounting