Cost Benefit Analyses (CBAs) cannot be calculated after controls have been functioning for a time, as observation over time prevents precision in evaluating the benefits of the safeguard and determining whether it is functioning as intended.

Select one:

True

False

False

Explanation:

Cost benefit analyses (CBAs) or benefit costs analyses is an approach to quantifying the advantages and disadvantages of a business decision from a series of options. It quantifies the weakness and strength of an alternative that identifies options that would be beneficial, while reducing cost.

It is used to check for sound decision made by the organization, to determine and compare the costs of options and their individual benefit margin. The CBA can be calculated over time, as benefits are observed.