Discussion
Consider the following statements about benefit cost analysis.
1. A ratio of one corresponds to a present worth of zero 2. The two ratio conventions give the same numerical value 3. The highest ratio does not identify the best of several alternatives
Answer: C
Correct answer: 1 and 3 only are correct
Statements 1 and 3 are correct: unity corresponds to a zero present worth, and a ranking by ratio ignores scale. Statement 2 is false - the conventional and modified forms place disbenefits differently and give different numbers, which is precisely why the convention used must be stated.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development