- 5 Marks
PSAF – Nov 2016 – L2 – Q6a – Public Sector Financial Statements
This question distinguishes between Cost Benefit Analysis (CBA) and Cost Effectiveness Analysis (CEA).
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Investment appraisal is a technique aimed at finding out the least possible costs of an investment and the maximum economic benefits, which may accrue from the commitment of resources into it. Cost Benefit Analysis and Cost Effectiveness Analysis are among the techniques used for investment appraisal in the public sector.
Required:
Explain the five steps to be followed in conducting Cost Benefit Analysis and Cost Effectiveness Analysis. (10 Marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Investment appraisal is a technique aimed at finding out the least possible costs of an investment and the maximum economic benefits, which may accrue from the commitment of resources into it. Cost Benefit Analysis and Cost Effectiveness Analysis are among the techniques used for investment appraisal in the public sector.
Required:
Explain the five steps to be followed in conducting Cost Benefit Analysis and Cost Effectiveness Analysis. (10 Marks)
Find Related Questions by Tags, levels, etc.
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