The first step in evaluating a project is to identify its ________.
A) amortization value and depreciation value
B) principal value and maturity value
C) present value and future value
D) costs and benefits

Question

Quizplus · Accepted Answer

The first step in evaluating a project is to identify its costs and benefits. This allows for an analysis of whether the benefits outweigh the costs, and therefore whether the project is worth pursuing. Amortization value, depreciation value, principal value, maturity value, present value, and future value are all important financial concepts, but they are not the first step in evaluating a project.

The First Step in Evaluating a Project Is to Identify