True cost-benefit analysis as a social theory:
A) only measures monetary gains and losses in making business decisions.
B) compares direct and indirect costs and benefits of program alternatives for meeting a specific goal.
C) is another theory that judges persons' actions by what those persons believe is right for themselves.
D) emphasizes justice and a central moral authority.

Question

Quizplus · Accepted Answer

True cost-benefit analysis compares direct and indirect costs and benefits of program alternatives for meeting a specific goal, which makes it a useful social theory for decision-making in various fields such as economics, public policy, and environmental sustainability. Options A, C, and D do not accurately describe the concept of true cost-benefit analysis.

True Cost-Benefit Analysis as a Social Theory