It is generally easy to quantify expected benefits and costs when applying the cost-benefit approach.

Name: It is generally easy to quantify expected benefits and costs when applying the cost-benefit approach.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

It is not always easy to quantify expected benefits and costs as sometimes intangible benefits or costs may be involved, and it may be difficult to assign a monetary value to them. Additionally, there may be uncertainty or unpredictability in the outcomes of a particular decision or project.

It Is Generally Easy to Quantify Expected Benefits and Costs