Asked by Shonna Nicole on Sep 29, 2024
What is the main difference between the calculation of the net benefit and benefit-cost ratio?
A) The net benefit does not consider the cost of the program.
B) The benefit-cost ratio does not consider the cost of the program.
C) The net benefit ratio divides the cost of the program.
D) The benefit-cost ratio divides the cost of the program.
Net Benefit
The total positive effects or gains of a project or action, after subtracting the costs or negative aspects.
Benefit-Cost Ratio
A financial metric used to evaluate the efficiency of an investment, comparing the benefits received to the costs incurred.
- Absorb information on the assortment of ways for allocating expenses and appraising the worth of training courses.
Learning Objectives
- Absorb information on the assortment of ways for allocating expenses and appraising the worth of training courses.