Which of the Following Statements About the Cost-Benefit Approach Is

Multiple Choice

Which of the following statements about the cost-benefit approach is true?

A) Resources should be spent if they are expected to better attain company goals in relation to the expected costs of these resources.
B) In a cost-benefit analysis, both costs and benefits are easy to obtain.
C) Resources should be spent if the costs of a decision outweigh the benefits of the decision.
D) A cost-benefit approach would not be appropriate for a decision to install a budget system or not.