Which of the following identifies and places monetary values on the costs of programs and weighs these against the benefits of the programs?
A) Cost-effectiveness analysis
B) Cost-benefit analysis
C) Cost outcome
D) Hidden cost

Question

Quizplus · Accepted Answer

Cost-benefit analysis identifies and places monetary values on the costs of programs and weighs these against the benefits of the programs. Cost-effectiveness analysis compares the relative costs and outcomes of different programs, but does not monetize the benefits. Cost outcome is not a recognized analysis method. Hidden cost refers to unanticipated or indirect costs.

Which of the Following Identifies and Places Monetary Values on the Costs