The _____ is the difference between the additional money spent on prevention and the corresponding reduction in the cost of failure.

A) cost-benefit analysis
B) implicit cost
C) cost of quality
D) variable cost
E) cost-utility analysis

Cost-Benefit Analysis

An analytical process to compare the costs and benefits of decisions, projects, or policies.

Prevention

Activities or measures taken to avoid or minimize unwanted outcomes or accidents before they happen.

Reduction

The process of decreasing or lessening in size, quantity, or magnitude.