A DNP Student Is Identifying Potential Sponsors and Stakeholders for Their

question 32

Multiple Choice

A DNP student is identifying potential sponsors and stakeholders for their DNP project. Which step of the DNP Project Process Model does this reflect?

• A) Problem recognition
• B) Needs assessment
• C) Goals, objectives, and mission statement
• D) Theoretical underpinnings

---

Definitions:

Compounding

The process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.

Bank Account

A financial account maintained by a banking institution in which the financial transactions between the bank and a customer are recorded.

Compounded Annually

Interest calculated once per year on the initial principal and the accumulated interest of previous periods.

Savings Account

A savings account is a deposit account held at a financial institution that provides an interest rate to the account holder, offering a safe place to keep money while earning returns.