Deck 3: Budgets Cost Analyses

Question 1

What cost analysis tool do community health projects use to determine the most efficient and effective health program?

A) Return on iInvestment (ROI)
B) Budget jJustification
C) Community cost analysis tool (CCAT)
D) Personal project budget (PPB)

Answer 1

A

Question 2

As of 2017, what was the federal poverty level within the United States?
AU: What are the percentages relative to? In other words, 16.2% of what?

A) 16.2 %
B) 14.8 %
C) 12.3 %
D) 10.1 %

Answer 2

C

Question 3

The term "low income" is defined as one individual earning between $___________ and $___________ annually.

A) 10,100; 20,000
B) 11,490; 22,865
C) 13,463; 27,671
D) 10,899; 22,865

Answer 3

B

Question 4

Who is ultimately responsible for tracking project expenses and ensuring that the allotted money/funding is spent appropriately?

A) National Institutes of Health (NIH)
B) The hHead of fFinance at the CDC Centers for Disease Control and Prevention
C) The financial department within the project
D) The pPrincipal iInvestigator (PI)

Question 5

Which of the following compares monetary costs among several similar products, programs, and procedures?

A) Cost-benefit analysis
B) Cost utility
C) Cost feasibility
D) Cost effectiveness

Question 6

This Which type of cost-effectiveness analysis compares the, is a comparison of benefits gained from different
Health outcomes (e.g., quality of life)?.

A) DALYs
B) Cost feasibility
C) Cost utility
D) Complete medical benefit cost (CMBC)

Question 7

Which organization developed the term DALY(s)?

A) Centers for Disease Control and Prevention (CDC)
B) World Health Organization (WHO)
C) Occupational Safety and Health Administration (OSHA)
D) American Public Health Association (APHA)

Question 8

This Which type of cost feasibility investigates whether it is possible to solve a pertinent problem
With the use of existing technology?.

A) Operational feasibility
B) Economic feasibility
C) Technical feasibility
D) Administrative feasibility

Question 9

What does SWOT stands for:

A) strengths, weaknesses, options, and threats.
B) solutions, weaknesses, options, and threats.
C) strengths, weaknesses, opportunities, and threats.
D) solutions, weaknesses, opportunities, and threats.

Question 10

While research projects have budgets, evaluations do not need budgets.

Question 11

Noting Establishing athe budget is extremely important to research development, especially in the grant application process.

Question 12

During a research project, it is always necessary to be prepared to justify the amount of money spent on any aspect of the project.

Question 13

Budget jJustification costs are a percentage of the total expenses for evaluation or research
projects that are collected by an institution or agency hosting the project.

Question 14

Indirect costs are also known as profit and loss statements.

Question 15

Cost- benefit analyses include the consideration of how well a program performs.

Question 16

Cost effectiveness is expressed in monetary terms.

Question 17

Cost- benefit analysis compares monetary costs among several similar products, programs, or
Pprocedures.

Question 18

A ______________ _______________ is a written description that explains the specific expenditures of the proposed budget.

Question 19

A(n) ______________ _____________ is called a profit and loss statement.

Question 20

To simplify, a cost analysis combines the _____________ and _____________.

Question 21

ROI is the return onbenefit from the investment _____________ by the cost of the investment.

Question 22

When planning any type of budget, it is essential to remember the ROI's simple formula:
_____________ must be greater than _______________.

Question 23

DALY is defined as __________ lost year(s) of "healthy" life.

Question 24

Cost- benefit analysis is typically used for making ______- _______ decisions.