Which of the Following Is True of the Iron Triangle

question 12

Multiple Choice

Which of the following is true of the Iron Triangle model?

• A) Increasing efficiency, decreasing regulation, and improving technology are three conditions that can break the relationship.
• B) If two of the components of cost, quality, and access to care move in a positive direction, the third must also move in a positive direction.
• C) The three components of the model are increasing efficiency, decreasing regulation, and improving technology.
• D) If efficiency increases and regulation decreases, technology must improve.

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Definitions:

ABC Corporation

A placeholder name often used to represent a generic, hypothetical company.

Service Department Cost

Costs associated with departments that do not directly produce goods but provide essential support services within a company.

Super Division

A unit or segment within a larger organization that exceeds normal expectations or performances.

Service Department Allocations

The process of distributing indirect costs from service departments to producing departments based on their usage of services.