Subjective benefits are usually based on:
A)Reasonable estimates of past benefits
B)Opinions that are difficult to quantify
C)The biases by people who want the project to be approved.
D)All of the above
E)Both A & B
F)Both B & C

Question

Subjective benefits are usually based on: ​
A)Reasonable estimates of past benefits
B)Opinions that are difficult to quantify
C)The biases by people who want the project to be approved.
D)​All of the above
E)​Both A & B
F)​Both B & C

Quizplus · Accepted Answer

Subjective benefits are based on opinions that are difficult to quantify and are often biased by people who want the project to be approved. While reasonable estimates of past benefits may also be taken into account, the dominant factor in subjective benefits is typically opinions and biases. Therefore, options A and E are not the best choices. Choice F is the best choice because it identifies both elements that are most likely to influence subjective benefits.

Subjective Benefits Are Usually Based On: ​

Subjective Benefits Are Usually Based On: