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Purchasing in equipment Acquisition and Disposal Supply Chain Management MCQ

Technological assessment is a method of evaluating current and requested capital equipment by considering the results of published clinical investigations and of spiritual assessment of the equipment in the indecisiveness process.

Answer

Correct Answer: False

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Demand for an item that is unrelated to demand for other items is known as

Answer

Correct Answer: Independent-demand purchased items

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___ is a proposal written by the hospital unit justifying a specific capital equipment item.

Answer

Correct Answer: Certificate of need (CON)

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A Present value factor formula used to estimate the current worth of a subtraction of money that is to be received at some present date.

Answer

Correct Answer: False

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The maximum rate of return on a project or investment required by a manager or investor.

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Correct Answer: False

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Depreciation is not the reduction of the value of an asset with the passage of time.

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Correct Answer: False

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A type of lease that cannot be cancelled during the lease period without a significant penalty is known as ______.

Answer

Correct Answer: Capital leases

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