Which Is True Concerning Proprietary Agencies

question 21

Multiple Choice

Which is true concerning proprietary agencies?

• A) They are organized to be nonprofit operations.
• B) They are organized to make a profit on their operation.
• C) Any profit they make is immediately used to purchase better equipment and services.
• D) They must participate in Medicare.

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Definitions:

Predictable Stages

Predictable stages refer to the recognized phases or steps that occur in a specific sequence within processes, developments, or life cycles, which can be anticipated.

Disability

A physical or mental condition that limits a person's movements, senses, or activities.

Economic Justice

The principle or practice of ensuring fairness in economic systems, such as equitable distribution of wealth, opportunities for economic participation, and access to resources.

Material Goods

Physical items that are produced for purchase and consumption, providing economic value or utility.