Answer:
Identifying Outcomes
Comparing Costs
Calculating Costs
Step-by-step explanation:
Cost benefit analysis is a method which is used in decision making process to identify the best option available in financial terms. It helps in finacial value of any decision by considering its posssible expenses and advantages. The first step involved is to identify the outcome in financial value which is the consideration of cash outflow and inflow. The second step is to calculating the cost of options available. Now the third and last step is to comparing the results and opting the option with most benefits.