Budget Analyst Question: Download Questions PDF
Tell me are You Proficient and Comfortable with Performing Cost vs. Benefit Analyses?
A cost vs. benefit analysis is sometimes necessary for determining whether a certain departments—meaning certain employees—are worth what the company is spending to keep them running. In other cases, this may mean removing a retail product that has not sold as expected from store shelves. In either case, these can be tough decisions, especially when the company may experience a financial loss in the beginning as a result of that decision. You should provide an answer that proves to your employer that you can not only be completely objective, but that you can also overlook the potential downfalls to such actions in favor of bettering the business overall.
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