Which of the Following Best Describes the Role of Benefit-Cost

Multiple Choice

Which of the following best describes the role of benefit-cost analysis in the capital budgeting process by governments and not-for-profit entities?

A) It may be used to enhance the objectivity of decision-making.
B) Because all costs and all benefits can be quantified, it removes subjectivity from the decision process.
C) It eliminates the role of value judgments in the decision-making process.
D) It ensures that decisions about capital asset acquisition will be consistent with organizational goals and objectives.