Which Statement BEST Describes the Forecasting of Health Care Technologies

question 26

Multiple Choice

Which statement BEST describes the forecasting of health care technologies?

• A) Forecasts about the likely implementation of health care technology are almost always on target.
• B) Because technological forecasting is an imprecise science, it is of little importance to the health care industry.
• C) Our ability to correctly predict the success or failure of health care technology is fairly limited.
• D) Forecasting health care technology is impossible because of our limited knowledge of the future.

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Definitions:

Real Accounts

Accounts that represent assets, liabilities, and equity of a business and carry their balances permanently across accounting periods.

Accounting Period

The time span during which financial activities are recorded and reported, commonly a fiscal year or quarter.

Expense Accounts

Accounting categories used to track money spent or costs incurred in a company’s operations.