Cost-Benefit Analysis Is the Public Sector Counterpart to ____ Used

question 34

Multiple Choice

Cost-benefit analysis is the public sector counterpart to ____ used in private,profit-oriented firms.

• A) ratio analysis
• B) break-even analysis
• C) capital budgeting techniques
• D) economic forecasting
• E) none of the above

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Definitions:

Cost of Goods Sold

The direct expenses associated with manufacturing goods sold by a company.

Accounts Payable Period

The average number of days it takes for a business to pay its invoices from suppliers.

Accounts Receivable

The money owed to a business by its clients or customers for goods or services provided on credit.