Which of the Following Is a Residual Reward That Accrues

question 196

Multiple Choice

Which of the following is a residual reward that accrues to business decision makers who use resources so as to increase their value?

• A) opportunity cost
• B) earnings of employees
• C) economic profit
• D) interest earnings of corporate bondholders

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Definitions:

CLIA '88

See Clinical Laboratory Improvement Amendments of 1988.

Certified Medical Assistant

A medical assistant who has achieved certification through passing a standardized test, indicating proficiency in the field.

Contact Hours

A measure of the amount of time an individual spends in direct, instructional interaction, often used in educational settings.

Recertify

The process of renewing a certification or qualification to verify that an individual or organization continues to meet the standards required by a regulatory body or professional association.