Nursing Home Placement Decisions Are Often Made in Reaction to

question 120

Multiple Choice

Nursing home placement decisions are often made in reaction to

• A) opening up of a space at a nursing home.
• B) the onset of a slow progressing disease.
• C) crisis, such as an impending discharge from a hospital.
• D) making a long-term relocation to a planned destination.

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Definitions:

Sick Pay

Compensation paid by employers to employees during periods when they are unable to work due to illness.

Cumulative Preferred Stock

Cumulative preferred stock is a type of preferred stock that accumulates dividends in case of non-payment in any period, requiring these dividends to be paid out before any dividends to common stockholders.

Dividend Payable

A liability recorded when a company declares dividends to be paid to shareholders, representing the amount owed until the dividends are distributed.

Current Liability

Liabilities due within a short period, usually one year, that are to be paid with current assets.