A Nurse Starts to Collect Evaluative Data for a Major

question 4

Multiple Choice

A nurse starts to collect evaluative data for a major health project one month after it starts. Which of the following best describes the purpose of this data collection?

• A) Filling out the forms helps the aggregate feel involved in the process.
• B) Formative evaluation allows the nurse to make changes if needed.
• C) Funding agencies require ongoing evaluations to continue contributing.
• D) The nurse needed to know if the desired outcomes were being achieved.

Apply techniques for measuring the long-term trend in time series data.

Calculate forecasted values using trend equations and seasonal indexes.

Identify and use appropriate methods for determining monthly and other periodic seasonal indexes.

Understand and interpret linear and quadratic models for time series data.

---

Definitions:

Revenue Recognition

The accounting principle that dictates the specific conditions under which revenue is recognized or accounted for.

Percentage-Of-Completion

An accounting method used to recognize revenues and expenses of long-term projects proportionally to the work completed to date.

Cost Recovery

The process of recovering the cost of an investment, expense or other outlay over time.

Statement of Changes

The Statement of Changes outlines the alterations in equity for a specified period, showing how net income and other changes directly affect a company's financial position.