In judging the usefulness of a cost-benefit evaluation, one must be wary of

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All of the options listed are important considerations in judging the usefulness of a cost-benefit evaluation. The outcomes chosen for evaluation are subjective and values assigned to them can be controversial. The validity of evaluations is important as they impact the accuracy of the results, which in turn affects the feasibility of implementing a program. Finally, assumptions about dollar values assigned to outcomes can lead to biases in the evaluations, which can affect the outcome. Therefore, all of the above options must be considered to make an informed judgment about the usefulness of a cost-benefit evaluation.

In Judging the Usefulness of a Cost-Benefit Evaluation, One Must