Question 1

Since most human service programs are expected to yield benefits in the years after the program participants leave the program,

Accepted Answer

A)   cost-benefit studies are conceptually impossible.
B)   costs cannot be related to effectiveness.
C)   the values of future benefits need to be estimated.
D)   sunk costs take on considerable importance.

Question 2

An evaluator doing a cost-benefit study may ignore certain benefits when

Accepted Answer

A)   it has been shown that costs exceed benefits.
B)   some of the costs have been ignored as well.
C)   one is not interested in seeking to publish an article reporting the findings.
D)   it has been shown that some benefits exceed program costs.

Question 3

Cost-effectiveness analyses are performed when one

Accepted Answer

A)   can express the outcome in dollars.
B)   cannot express outcomes in dollars, but can measure the outcomes of alternative programs that are designed to affect the same outcomes.
C)   quasi-experimental designs are not possible.
D)   cannot find parallel outcomes from two or more programs.

Question 4

Sunk costs are those that

Accepted Answer

A)   change with the size of the program.
B)   occur as the program continues.
C)   have already been expended.
D)   can be recovered if the program is cancelled.

Question 5

In judging the usefulness of a cost-benefit evaluation, one must be wary of

Accepted Answer

A)   values assumed in the choice of outcome variables.
B)   the validity of the evaluations from which program benefits have been estimated.
C)   the assumptions used in assigning dollar values to the outcomes.
D)   all of the above

Question 6

University faculty members often dispute the need to cover indirect costs for their research activities. They sometimes comment to the effect that "The buildings are here already, my lab will be heated because the classrooms will be heated anyway; therefore, indirect costs of my research is just a way of raising money." Marshall the reasons why indirect costs must be considered in assessing the costs of research.

Accepted Answer

There are several important reasons why ...

Question 7

Some critics of cost-benefit analyses point to the monetary value set on saving a human life, say, $8 million dollars, and ask: "Does that mean that if I pay $8 million dollars to someone (or to his heirs), I can kill them?" What misunderstanding of cost-benefit analyses does this comment reflect?

Accepted Answer

The comment reflects a misunderstanding ...

Question 8

An advantage that accountants have over program evaluators is that

Accepted Answer

A)   their crucial unit of analysis, a dollar, is widely disputed.
B)   their crucial unit of analysis, a dollar, is widely accepted.
C)   accountants are better educated.
D)   business activity contains fewer ethical conflicts than human service work.

Exam 12: Analyses of Costs and Outcomes

Sunk costs are those that

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An evaluator doing a cost-benefit study may ignore certain benefits when

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Correct Answer
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There are several important reasons why ...
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An advantage that accountants have over program evaluators is that

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Some critics of cost-benefit analyses point to the monetary value set on saving a human life, say, $8 million dollars, and ask: "Does that mean that if I pay $8 million dollars to someone (or to his heirs), I can kill them?" What misunderstanding of cost-benefit analyses does this comment reflect?

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Answered by ExamLex AI
The comment reflects a misunderstanding ...
View Answer

Cost-effectiveness analyses are performed when one

Correct Answer
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Since most human service programs are expected to yield benefits in the years after the program participants leave the program,

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In judging the usefulness of a cost-benefit evaluation, one must be wary of

Correct Answer
verified

Exam 12: Analyses of Costs and Outcomes

Sunk costs are those that

Correct AnswerverifiedShow Answer

An evaluator doing a cost-benefit study may ignore certain benefits when

Correct AnswerverifiedShow Answer

Correct AnswerAnswered by ExamLex AIThere are several important reasons why ...View AnswerShow Answer

An advantage that accountants have over program evaluators is that

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Some critics of cost-benefit analyses point to the monetary value set on saving a human life, say, $8 million dollars, and ask: "Does that mean that if I pay $8 million dollars to someone (or to his heirs), I can kill them?" What misunderstanding of cost-benefit analyses does this comment reflect?

Correct AnswerAnswered by ExamLex AIThe comment reflects a misunderstanding ...View AnswerShow Answer

Cost-effectiveness analyses are performed when one

Correct AnswerverifiedShow Answer

Since most human service programs are expected to yield benefits in the years after the program participants leave the program,

Correct AnswerverifiedShow Answer

In judging the usefulness of a cost-benefit evaluation, one must be wary of

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
There are several important reasons why ...
View Answer

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
The comment reflects a misunderstanding ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
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