PeopleCert Exam MOVF Topic 3 Question 57 Discussion

Actual exam question for PeopleCert's MOVF exam

Question #: 57
Topic #: 3

Why may cost benefit analysis (CBA) be applied when developing a Value Improving Proposal (VIP)?

AIt compares the initial magnitude of cost of an MoV Study with the long term benefits it will deliver

BAll new policies, programmes and projects should be subject to comprehensive but proportionate assessment

CIt is used in conjunction with discounted cash flow to ensure that the lowest cost VIP is always selected

DIt assesses the benefits of implementing a proposal against the risk that the VIP may fail

Show Suggested Answer

Suggested Answer: B

by Valentine at Aug 21, 2022, 10:09 PM

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