Cost-Benefit Analysis

Cost-Benefit Analysis

5th - 12th Grade

10 Qs

quiz-placeholder

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Cost-Benefit Analysis

Cost-Benefit Analysis

Assessment

Quiz

Business

5th - 12th Grade

Practice Problem

Hard

Created by

Cheruby Herbert

Used 24+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This term means the expenses or the cons to making a business decision.

benefit

cost

payback period

analysis

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This term means the good things or pros of a business decision.

costs

outcome

benefits

intangibles

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of time it takes to earn back what you lost in a business decision is...

recovery period

earning period

lost period

payback period

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the three types of costs in a cost benefit analysis? Choose all that apply

one-time costs

recurring costs

two-time costs

potential costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit that is difficult to assess financially?

intangibles

increased profits

decreased expenses

if it can't be assessed financially it's not a benefit

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are examples of benefits? Choose all that apply.

increased profits

boosted morale

reduced employee turnover

spending money in the hiring process

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the process used to make decisions in the business world?

decision analysis

expenses-benefit analysis

bad-good analysis

cost-benefit analysis

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