Wisconsin Nursing Home Administrators (NHA) Practice Exam

Question: 1 / 480

What is the fee part based on a project dollar value of $5 million or more?

$1,000

$2,500

$3,500

$5,000

The correct answer reflects the fee structure defined for projects with a dollar value of $5 million or more. In contexts such as regulatory frameworks or licensing boards, larger projects typically carry higher fees to account for the increased complexity and oversight involved.

In this case, a fee of $5,000 for projects at this significant monetary level is justified as it likely corresponds to the additional supervision, resources, and administrative efforts required to ensure that such projects comply with relevant standards and regulations. The larger the financial commitment, the more scrutiny is typically involved, which can necessitate a higher fee to support the necessary oversight and administration.

This structure helps to ensure that projects are adequately reviewed and that there are sufficient resources to address any potential issues that arise during the planning and execution phases.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Download Wisconsin Nursing Home Administrators (NHA) Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy