Which of the following is not true about cost-benefit analysis?(1 point)

Question

Responses

If the costs are found to outweigh the benefits, the result is negative.
If the costs are found to outweigh the benefits, the result is negative.

The method can be used to conclusively determine the result before action is taken.
The method can be used to conclusively determine the result before action is taken.

The method is used to compare costs against benefits to see which will be more beneficial.
The method is used to compare costs against benefits to see which will be more beneficial.

If the benefits are found to outweigh the costs, the result is positive.

Answer 1

The statement that is not true about cost-benefit analysis is:

The method can be used to conclusively determine the result before action is taken.

Cost-benefit analysis provides a framework for decision-making by comparing expected costs and benefits, but it does not guarantee conclusive results because it is based on estimates and assumptions that may change.