Cost benefit analysis identifies the financial costs and benefits associated with a systems project.

Question

Quizplus · Accepted Answer

Cost benefit analysis is a financial analysis technique that evaluates the costs and benefits of a proposed system project to determine whether it is financially viable or not. It helps in identifying the expected financial outcomes of the project and compares them with the costs incurred to determine the feasibility of the project. Therefore, the statement is true.

Cost Benefit Analysis Identifies the Financial Costs and Benefits Associated