Cost-Benefit Analysis Definition

Below please find a definition of “Cost-Benefit Analysis”

Financial Analysis Training & Glossary TermsCost-Benefit Analysis: It is common practice amongst top managers to evaluate the potential costs, benefits and other associated aspects before undertaking on a new venture or project. The outcome of the analysis determines the feasibility of a project, if it is worth pursuing it or not. The entire process undertaken is termed as cost-benefit analysis.

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