Question

Income in the operating cycle equals

A) It depends on the Measuring system.
B) Sacrifice Value Minus Benefit Value
C) Benefit Value Minus Sacrifice Value
D) Benefit Value Plus Sacrifice Value

Answer 1

Income in the operating cycle equals Benefit Value Minus Sacrifice Value.

Step-by-step explanation:

Income in the operating cycle equals Benefit Value Minus Sacrifice Value. In a cost/benefit analysis, income can be seen as the benefit received from a decision, while sacrifice refers to the cost or effort given up to achieve that benefit. For example, if a company invests in new equipment to increase productivity, the income generated from the improved output would be the benefit, while the cost of purchasing and maintaining the equipment would be the sacrifice.