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Doctors Medicines MCQs Q&A

  1. benefit approach
  2. cost approach
  3. cost-benefit approach
  4. accounting approach
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1 Answers

Answer: Option 3

An accounting approach, in which expected benefits exceed expected cost is classified as cost-benefit approach. A cost-benefit analysis is a process businesses use to analyze decisions. The business or analyst sums the benefits of a situation or action and then subtracts the costs associated with taking that action.

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