Which of the followng i true of decisions made using cost benefit analysis?

Decisions made using cost-benefit analysis involve evaluating the expected costs and benefits of different options to determine the most advantageous choice. This method helps in quantifying the potential outcomes, allowing decision-makers to compare alternatives objectively. It is particularly useful in financial assessments, project evaluation, and policy-making to ensure resources are allocated efficiently. However, it may overlook non-monetary factors, such as social or environmental impacts, which can also be crucial in decision-making.