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Tag - Cost Benefit Analysis in Accounting

Cost Benefit Analysis

Cost Benefit Analysis Cost Benefit Analysis is the process of taking calculated business decisions. The benefits or profits associated with a given actions or situations are summed up and the total costs associated with are subtracted. The resultant profit or loss determines the decision. Before an investment decision is taken a manager will analyze the data pertaining to the costs and the potential profits of taking up a project. This step will ensure that a good investment is being made [...]