The Goal of the Long-Term Care Ombudsman Program Is Which

question 6

Multiple Choice

The goal of the Long-Term Care Ombudsman Program is which of the following?

• A) To address long-term care resident complaints and advocates for improvements in the long-term care system
• B) To host a national website for older adults and service providers to look for federal and state long-term program benefits that older adults are entitled to, but are not currently receiving
• C) To advocate for fun and a sense of humor in long-term care
• D) To help older adults drive safely and remain living in the community

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Definitions:

Salvage Value

The projected sell-on value of a property when it reaches the end of its operational lifespan.

Internal Rate

Often referred to as Internal Rate of Return (IRR), it is the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Payback Period

The duration required for an investment to produce a sum of money or cash value equal to the investment's cost.

Simple Rate

An interest calculation method where interest is calculated on the principal amount only, without compounding.