The Knowledge of a Program's True Unit Costs Is Necessary

question 17

Multiple Choice

The knowledge of a program's true unit costs is necessary for which of the following:

• A) determining the program costs of each program to determine efficiency of each program.
• B) setting of fees.
• C) operating under pay-for-performance contracts and grants.
• D) determining the true costs of providing its various programs.

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Definitions:

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other things. It is crucial for various mental processes and activities.

Amplitude

The height of a wave from its midpoint to its peak or trough, indicating the strength or intensity of a wave.

Crest

The highest point of a hill or mountain range; also refers to the peak or summit.

Trough

A trough generally refers to a long, narrow container from which animals eat or drink, but in scientific contexts, it can also mean a low point or minimum phase in a cycle, such as in economics or meteorology.