Collecting Data Is the Last Step in Conducting a Community

question 65

True/False

Collecting data is the last step in conducting a community needs assessment.​

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Definitions:

Resource Constraint

Limitations on the availability of resources such as time, money, and labor that can restrict project progress or business growth.

Accounting Rate of Return

A financial metric used to measure the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, presented in a structured way.

NPV

Net Present Value (NPV) is a method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.