Wisconsin Nursing Home Administrators (NHA) Practice Exam

What is the review fee for a project value of at least $25,000 but less than $100,000?

1. $100

2. $300

3. $500

4. $750

The correct answer is: $500

A review fee is a fee charged by a company or organization for evaluating a project, typically to ensure it meets certain criteria or standards. In this case, the review fee for a project with a value of at least $25,000 but less than $100,000 would be $500. Option A, a fee of $100, is too low for a project of this value. A review fee of only $100 would likely not cover the cost of the review process and would not be profitable for the company. Option B, a fee of $300, is also too low for a project of this value. While it is a higher fee than option A, it may still not cover the cost of the review process and would not be profitable for the company. Option D, a fee of $750, is too high for a project of this value. It is possible that the company may charge a higher fee for larger projects, but a fee of $750 for a project valued at less than $100,000 is not a reasonable or common price. Therefore, option C, a fee of $500, is the correct answer as it is a reasonable and likely fee for a project of this size. It is common for companies to