Opportunity Cost Must Be Considered in Decisions Involving

question 148

Multiple Choice

Opportunity cost must be considered in decisions involving

• A) budgeting.
• B) financial accounting.
• C) CVP analysis.
• D) resources that have alternative uses.

---

Definitions:

Telehealth

The sharing of nursing information using electronic means, such as a telephone or the Internet, to answer consumers’ questions.

Confidential Records

Documents that are kept private and secure, accessible only to authorized individuals.

Social Media Sites

Online platforms where users can create and share content or participate in social networking.

Nursing Informatics

A specialty that integrates nursing science, computer science, and information science to manage and communicate data, information, knowledge, and wisdom in nursing practice.