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