Part of cost/benefit analysis involves identifying and quantifying benefits. Which one of the following statements is correct with respect to that process? Available answer options Select only one option A The basis for determining benefits remains the same, regardless of the potential new product or service being analyzed. B Insurers may use advanced analytical modeling and data mining to determine expected premium increases from a new product. C When identifying and quantifying benefits, cost/benefit analysis focuses on monetary benefits only. D It is usually not possible to predict expected loss ratios associated with new product or service changes