Question

If the cost of a research project is estimated to be R60 000, the benefits that accrue from the project must be ...


at least R60 000.


a minimum of R120 000.


at least R20 000.


a maximum of R60 000.

Answer 1

If the cost of a research project is estimated to be R60,000, the benefits that accrue from the project must be **at least R60,000** to justify the expense. This ensures that the project is not a loss and ideally should be greater to provide a net benefit.