What is inferred if an item is cost-effective?
A) It is the least expensive product available on the market at the time of purchase.
B) It is worth the cost.
C) It is reimbursable by third-party insurance companies.
D) Its cost was anticipated in the current budget cycle.
Question 2
Equipment depreciation, the number and type of supplies needed by patients, and overtime that occurs in response to an emergency are all examples of what type of expenses?
A) Controllable
B) Fixed
C) Capital budget
D) Noncontrollable
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