If you are called upon to make financial decisions you may find it difficult sometimes to confidently choose the best proposal. Using Cost Benefit Analysis can help.
When dealing with decisions using Cost Benefit techniques it is very important to follow the proven principles. The health of your company and your reputation depend on it. If these rules are not followed then your decisions could be flawed.
Let's start, shall we?
Benefit #1. You can compare competing projects quickly and accurately - saving you time and effort.
Cost Benefit Analysis weighs the total expected costs and compares them to the total expected benefits of one or more actions. The outcome of Cost Benefit Analysis is a Benefit Cost Ratio that is used to compar View the rest of this article
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