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How we can balance between benefit and cost?

The benefits derived from information should exceed the cost of providing it. The evaluation of benefits and costs is substantially a judgemental process. Furthermore, the costs are not necessarily borne by those users who enjoy the benefits, and often the benefits of the information are enjoyed by a broad range of external users.

Cost Improvement Balance Sheets Banking &amp Finance
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Question added by Mohamed Bakr Embaby , Tax Manager , Kafr El-Zayat Company for Pesticides and Chemicals
Date Posted: 2019/06/30
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Mohamed Bakr Embaby
by Mohamed Bakr Embaby , Tax Manager , Kafr El-Zayat Company for Pesticides and Chemicals

The benefits derived from information should exceedthe cost of providing it. The evaluation of benefits andcosts is substantially a judgemental process.Furthermore, the costs are not necessarily borne bythose users who enjoy the benefits, and often thebenefits of the information are enjoyed by a broadrange of external users.

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