Exam 7: Cost-Efficiency Evaluation

One method of placing value on life is through earning potential.

Program evaluations do not need to consider cost.

When the costs and benefits are priced in dollars, a cost-benefit analysis can be done.

An important issue for evaluators is to settle on one estimate for cost-benefit and cost-effective analyses.

Opportunity costs reflect the amount of funds that the organization expends on a daily basis-such as on salaries or repairs.

The calculation of future benefits is known as:

Which of the following reflect the amount of funds that the organization expends on a daily basis-such as on salaries or repairs?

Which type of cost does a planner need to consider, as it represents the amount of money necessary to simply open the doors of the organization?

Planners need to move slowly as a result of which type of cost that is distinct because it involves costs that are easily recognizable?

Incremental costs are critical to the planning and implementation of a program

In the planning stage, projecting costs of a potential program and matching them to the program's intended objective(s) is important before implementation.

Direct versus indirect costs are an important issue to consider in the planning of a program

Which of the following occurs when more benefits are realized from a program than those that are initially intended?

Which of the following makes clear the necessary pieces for understanding the types of costs for an analysis?

Which type of cost does a planner need to consider to better understand the choices between the considered program and alternative programs?

Which of the following are types of cost that a planner needs to consider and that include cost that come about on a regular interval as well as costs that do not require interval-style purchase?

Which of the following is the result of a program achieving its goals?

Which of the following identifies and places dollars on the cost of the program?

The _________ is the amount the benefit will return from expending the funds.

Which of the following are types of cost that a planner needs to consider and that are associated with providing services and the support costs that make providing the services possible?