To enable costs and benefits to be compared, they are typically converted into cash value at the time the benefit is received.

Name: To enable costs and benefits to be compared, they are typically converted into cash value at the time the benefit is received.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Costs and benefits are typically converted into present cash value, using a process called discounting, to compare them at the same point in time, usually at the present or at the start of a project.

To Enable Costs and Benefits to Be Compared, They Are