Of the Following Elements,which Is Necessary for Designation as an Evidence

question 10

Multiple Choice

Of the following elements,which is necessary for designation as an evidence based practice (EBP) model?

• A)randomized controlled outcome studies
• B)combination of practice with professional ethical standards,clinical judgment,and practice wisdom.
• C)meta-analysis of existing outcome studies.
• D)all of these answers.

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Definitions:

Operating Leverage

Operating leverage describes the extent to which a company can increase its profits by increasing sales, highlighting the ratio of fixed costs to variable costs.

Net Operating Income

The amount of profit a company makes from its normal business operations, excluding any income or costs from investments and other non-core business activities.

Sales Volume

The quantity of goods or services sold by a company within a specific period, used to measure business performance.

High-Low Method

An accounting technique used to estimate fixed and variable costs based on the highest and lowest levels of activity or cost.