Cost-benefit analysis

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Cost-benefit analysis is an analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained.

Definitions

According to the BABOK Guide (3rd edition),

Cost-benefit analysis. An analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained.

According to Managerial Accounting by Braun, Tietz (5th edition),

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