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After a need and client demand for a program have been determined through the needs assessment process, the next step in the development of the program is to choose a procedural method that will assist the nurse in planning the program to be offered. Which are possible planning methods? (Select all that apply.)
Payback Period
The duration needed to recoup the cost of an investment.
Straight-Line Depreciation
Straight-line depreciation is an accounting method of allocating the cost of a tangible asset over its useful life in equal annual amounts.
Net Present Value
A method used in capital budgeting to assess the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.
Discount Factor(s)
A numerical factor used to calculate the present value of future cash flows, reflecting how future values are worth less in today's terms.
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