Cost Benefit Analysis (CBA) is a systematic approach used to evaluate the financial implications of a decision by comparing the costs and benefits associated with it. This process involves quantifying and comparing the expected costs and anticipated benefits to determine the net value or feasibility of a project or investment. Cost benefit analysis def is crucial for informed decision-making in business and finance.
Get Your FREE Exam Secrets Cheat Sheet!
Plus a 3-Part CMA Video Course
82,000+ accounting and finance pros got their free CMA cheat sheet.
Get yours too, today!