STT Using Evidence .

STT Using Evidence .A cost-benefit analysis focuses on: - individual preference as an indicator of cost savings - measurements which are most appropriate to the unit of interest - outcomes measured as a single monetary unit - the selection of the cheapest alternative - ANSWERoutcomes measured as a single monetary unit* Indirect costs: - cannot be assigned a specific amount but contribute to the overall cost of an intervention - do not contribute a significant amount to overall costs - reflect opportunities forgone as a result of the expenditure of direct costs - have a clear cause-and-effect relationship with outputs and resources required - ANSWERcannot be assigned a specific amount but contribute to the overall cost of an intervention* A comparison between actual and projected expenditures is called a/an: - indication of productivity - variance analysis - sensitivity ananlysis - cost allocation assessment - ANSWERvariance analysis* To cover three shifts, seven days a week for a unit that requires minimum staffing numbers of seven on days, five on evenings and three on nights, how many total nurses are needed? - 30 - 15 - 21 - 18 - ANSWER21* Administrators interested in adjusting resource allocation according to changes in volume or other cost drivers would best be served by using a: - performance based budget process - zero based budget process - activity based budget process - flexible budget process - ANSWERperformance based budget process*