During an Employment Interview for the Manager's Position in a Home

question 7

Multiple Choice

During an employment interview for the manager's position in a home health agency,the applicant asks questions about the medical director and about retention of staff.The nurse executive assures the applicant that the agency has few personnel problems and receives excellent support from the medical director.The applicant knows that the agency has a 50% turnover rate and has had three medical directors in the past year.The nurse executive is:

• A)Unaware of the turnover rate and difficulties with the medical director.
• B)Lying about the problems and hoping to resolve them by hiring the applicant.
• C)Denying that the agency has a turnover problem with staff or medical directors.
• D)Minimizing the challenges of the position to make a positive impression on the applicant.

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Definitions:

Compounded Semiannually

Compounded semiannually describes a situation where interest is added to the principal amount of an investment or loan twice a year, leading to an exponential growth in the amount over time.

Compounded Semiannually

This refers to the process where interest on a loan or investment is calculated twice a year and added to the principal amount, affecting future interest calculations.

Tenth Year-end Deposit

A deposit made at the end of the tenth year, often in the context of savings or investment plans.

Compounded Annually

A method of calculating interest in which the accumulated interest is added to the principal sum at the end of each year, increasing the amount of interest earned in subsequent years.