"Although it goes without saying that all relevant costs and benefits must be taken into account, the number of potential mistakes in applying the principle [of Account Comprehensively for Benefits and Costs] is surprisingly large. In the transit domain, for example, studies ... fail to assign economic value to ________." (HLB Decision Economics Inc., 2004).
A)operating costs
B)reduction in risk of traffic accidents
C)revenues collected
D)capital costs
E)taxes paid

Question

Quizplus · Accepted Answer

Studies often overlook assigning an economic value to the reduction in the risk of traffic accidents when applying the principle of accounting comprehensively for benefits and costs in the transit domain.

"Although It Goes Without Saying That All Relevant Costs and Benefits