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The costs of paying the bonus is still an agency cost, [4] but the company will profit from paying this cost so long as the avoided residual cost (as defined above), is greater than the bonus. [21] Another key method by which agency costs are reduced is through legislative requirements that companies undertake audits of their financial ...
This is a list of United States federal agencies that are primarily devoted to research and development, including their notable subdivisions. These agencies are responsible for carrying out the science policy of the United States .
In the context of law, principals do not know enough about whether (or to what extent) a contract has been satisfied, and they end up with agency costs. The solution to this information problem—closely related to the moral hazard problem—is to ensure the provision of appropriate incentives so agents act in the way principals wish. [citation ...
The FY 2015 budget is intended to ensure the Agency continues its progress on health services research to improve outcomes, affordability, and quality. The budget also supports the collection of information on health care spending and use through the Healthcare Cost and Utilization Project (HCUP) and Medical Expenditure Panel Survey (MEPS).
Contribution of each state to US research in 2010, in terms of funding (public and private sectors) and science and engineering occupations. Source: Figure 5.6 from the UNESCO Science Report: towards 2030, based on data from National Science Foundation. The level of research spending varies considerably from one state to another.
Research funding is a term generally covering any funding for scientific research, in the areas of natural science, technology, and social science.Different methods can be used to disburse funding, but the term often connotes funding obtained through a competitive process, in which potential research projects are evaluated and only the most promising receive funding.
While the expression is common in the sciences, it is used widely for the person or persons who make final decisions and supervise funding and expenditures on a given research project. [1] A co-investigator (Co-I) assists the principal investigator in the management and leadership of the research project.
Indirect costs are costs that are not directly accountable to a cost object (such as a particular project, facility, function or product). Like direct costs, indirect costs may be either fixed or variable. Indirect costs include administration, personnel and security costs. These are those costs which are not directly related to production.