The technique of adding and comparing costs and benefits at different points in time is referred to as
A)benefit-cost analysis.
B)discounting.
C)external analysis.
D)profit-debt analysis.

Question

Quizplus · Accepted Answer

The technique of adding and comparing costs and benefits at different points in time is known as discounting. Discounting is useful in making investment, business, or policy decisions because it helps in bringing in the time value of money. Benefit-cost analysis (A) is a broader concept that involves comparing the total costs and benefits of a project or policy. External analysis (C) refers to the analysis of external factors that can impact a business, such as economic, political, or socio-cultural factors. Profit-debt analysis (D) is not a valid term or technique.

The Technique of Adding and Comparing Costs and Benefits at Different