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Which of the following statements about the cost - benefit approach is TRUE? A cost - benefit approach would not be appropriate for a decision
Which of the following statements about the costbenefit approach is TRUE?
A costbenefit approach would not be appropriate for a decision to install a budget qr not.
In a costbenefit analysis, both costs and benefits are easy to obtain.
Resources should be spent if the costs of a decision outweigh the benefits of the decision.
The costbenefit approach is more important than behavioural considerations.
Resources should be spent if they are expected to better attain company goals in relation to the expected costs of these resources.
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