Certified Peer Specialist Practice Exam

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Prepare for the Certified Peer Specialist Exam. Utilize flashcards and multiple choice questions with hints and explanations tailored to ensure your success.

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Exploring the cost and benefits of making a change is defined as _____.

Risk assessment
Decision-making
Cost/Benefits
Analysis

The correct answer is: Cost/Benefits

Exploring the cost and benefits of making a change is defined as evaluating the advantages and disadvantages of the change and weighing them against each other. This process is known as cost/benefit analysis. Risk assessment, decision-making, and analysis are all related to this process, but do not specifically encompass the full concept of evaluating the cost and benefits of a change.