Cost Must Be Considered in Planning and Evaluation

question 29

Multiple Choice

Cost must be considered in planning and evaluation. There are numerous types of cost studies applied to the health care industry. Cost accounting studies are performed to:

• A) Detect what percentages of clients recover
• B) Measure how long it takes for clients to see a caregiver
• C) Note how many cases are associated with other major risk factors
• D) Find the actual cost of a program

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Definitions:

Coefficient

An algebraic expression is multiplied and preceded by a constant or numerical quantity known as the coefficient.

Constant

A fixed value that does not change in mathematical equations or experiments.

Predict

To declare or indicate a probable event or outcome in the future, often based on data analysis or patterns.

Influential Points

Data points in a statistical analysis that have a significant impact on the result of a regression or other statistical model.