Cost-benefit analysis is a process that involves which of the following?
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a. maximizing benefits and minimizing costs.
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b. accurately predicting the effects of every decision.
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c. determining the profit that results from production decisions.
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d. calculating a budget for each expense.

c. Determining the profit that results from production decisions.

Explanation:

Cost-benefit-analysis( CBA) is a business decision-making tool that helps managers analyze and decides on projects.  The CBA approach compares the total benefits arising from a situation or a project against its related costs before making a decision. This approach uses financial data, such as expected revenues and expenses, to determine the viability of projects.

Undertaking a cost-benefit analysis assists the business to engage in profitable ventures only.  The CBA method ensures a business stays profitable by rejecting proposals that are likely to results in losses.