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Question 77 - CBDA discussion

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To ensure their recommendation can be acted upon, the business analysis professional on the analytics team helps the team complete financial analysis to support their recommendation. As part of the financial analysis that's completed, the cost-benefit analysis shows positive net benefits starting in the 2nd year. The team feels this is sufficient to proceed with their strong endorsement of the recommendation. The business analysis professional:

A.
Agrees since all the necessary analysis work is complete
Answers
A.
Agrees since all the necessary analysis work is complete
B.
Disagrees since the risk of generating that net benefit is too high
Answers
B.
Disagrees since the risk of generating that net benefit is too high
C.
Agrees recognizing that positive benefits are occurring quickly
Answers
C.
Agrees recognizing that positive benefits are occurring quickly
D.
Disagrees stating that the cumulative net benefits need to be reviewed
Answers
D.
Disagrees stating that the cumulative net benefits need to be reviewed
Suggested answer: D

Explanation:

According to the Guide to Business Data Analytics, a cost-benefit analysis is a technique that compares the costs and benefits of a project or decision over a period of time. The net benefit is the difference between the total benefits and the total costs. A positive net benefit indicates that the benefits outweigh the costs. However, a positive net benefit in one year does not necessarily mean that the project or decision is financially viable. The business analysis professional should also consider the cumulative net benefit, which is the sum of the net benefits over the entire time horizon. The cumulative net benefit reflects the overall value of the project or decision, taking into account the time value of money and the opportunity cost of capital. A project or decision is only financially feasible if the cumulative net benefit is positive at the end of the time horizon. Therefore, the business analysis professional should disagree with the team and suggest that they review the cumulative net benefit before endorsing the recommendation.

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asked 18/09/2024
Jorge Pinto
30 questions
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