Which of the Following Statements Is FALSE

question 56

Multiple Choice

Which of the following statements is FALSE?

• A)If there is a fixed supply of a resource available,you should rank projects by the profitability index,selecting the project with the lowest profitability index first and working your way down the list until the resource is consumed.
• B)Practitioners often use the profitability index to identify the optimal combination of projects when there is a fixed supply of resources.
• C)If there is a fixed supply of resources available,so that you cannot undertake all possible opportunities,then simply picking the highest NPV opportunity might not lead to the best decision.
• D)The profitability index is calculated as the NPV divided by the resources consumed by the project.

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Definitions:

Medicare Reimbursement

The process by which Medicare compensates healthcare providers for services rendered to Medicare beneficiaries.

Front Seat of a Car

The area of a car designated for the driver and possibly a passenger, located directly behind the dashboard and controls.

Routine Physical

A general medical examination conducted on a regular basis to check the overall health status.

Safety Teaching

Educating patients and their families on how to avoid injuries and prevent accidents within a healthcare context or at home.