Which of the Following Is True About a Voucher System

question 598

Multiple Choice

Which of the following is true about a voucher system?

• A) A voucher system is one in which parents receive a certificate equal to the current value of educational expenditures per pupil at their school, and the parents may then use this voucher to finance their child's education at any school (public or private) of their choice.
• B) Under a voucher system, competition would be greatly increased among schools as they compete for students.
• C) Under a voucher system, the quality of teachers and the diversity of school program offerings would increase.
• D) All of the above are true.

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Definitions:

Fixed Costs

are business expenses that remain unchanged irrespective of the level of production or sales activity, such as rent, salaries, and insurance.

Line of Sight

The clear and understandable link employees see between their job performance and outcomes and the overall objectives or goals of the company.

Straight Commission Plan

A compensation strategy where an employee's pay is based solely on sales generated or results achieved, without a base salary.

Medical Imaging

The technique and process of creating visual representations of the interior of a body for clinical analysis and medical intervention.