RESM Cost Quiz with complete
solutions already passed
Direct Cost - correct answer ✔✔specific cost for specific purpose
Price - correct answer ✔✔what will be charged to participate
Public programs - correct answer ✔✔tax support
Merit programs - correct answer ✔✔partial support from grants + fees
Private programs - correct answer ✔✔supported by fees only
The agency ____ drives the price philosophy/ strategy - correct answer ✔✔mission
Indirect cost - correct answer ✔✔non-specific program cost for staff/ equipment use
Total cost - correct answer ✔✔direct + indirect cost
grant - correct answer ✔✔revenue acquired through foundation donation
Expense - correct answer ✔✔monetary measurement of resource used
Cost objective - correct answer ✔✔payment for item/service to operate program
solutions already passed
Direct Cost - correct answer ✔✔specific cost for specific purpose
Price - correct answer ✔✔what will be charged to participate
Public programs - correct answer ✔✔tax support
Merit programs - correct answer ✔✔partial support from grants + fees
Private programs - correct answer ✔✔supported by fees only
The agency ____ drives the price philosophy/ strategy - correct answer ✔✔mission
Indirect cost - correct answer ✔✔non-specific program cost for staff/ equipment use
Total cost - correct answer ✔✔direct + indirect cost
grant - correct answer ✔✔revenue acquired through foundation donation
Expense - correct answer ✔✔monetary measurement of resource used
Cost objective - correct answer ✔✔payment for item/service to operate program
