A study used to assess the desirability of a program by examining costs and benefits is a:
A) Cost-accounting study
B) Cost-benefit study
C) Cost-effectiveness study
D) Cost-efficiency study

Question

Quizplus · Accepted Answer

A cost-benefit study specifically compares the costs of a program or intervention to its benefits in order to determine its overall desirability. Cost-accounting studies simply track expenses, without examining whether the program is valuable or not. Cost-effectiveness studies focus on comparing the effectiveness of different interventions at achieving the same goal, while cost-efficiency studies focus on finding the most cost-effective solution among a range of options.

A Study Used to Assess the Desirability of a Program