Asked by Ashley Dietert on Sep 29, 2024
Verified
What formula should be used to calculate benefits to cost ratio?
A) BCR = (Benefits of the Program) /(Cost of the Program)
B) BCR = (Cost of the Program - Benefits) /(Benefits of the Program)
C) BCR = (Benefits - Cost of the Program) /(Cost of the Program)
D) BCR = (Cost of the Program - Benefits) /(Cost of the Program)
Benefits to Cost Ratio
The comparison of benefits gained from a particular action or investment to the costs incurred by implementing it, often used to evaluate financial efficiency.
BCR
Benefit-Cost Ratio, a numerical expression comparing the benefits of an action or project to its costs.
- Acquire knowledge about the connection between benefit-cost ratio and return on investment within the context of training program assessment.
Verified Answer
WB
Wathenac Bonawathabout 12 hours ago
Final Answer :
A
Explanation :
The benefits to cost ratio is calculated as the benefits of the program divided by the cost of the program. This is expressed by formula A.
Learning Objectives
- Acquire knowledge about the connection between benefit-cost ratio and return on investment within the context of training program assessment.
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