A Client Asks the Nurse About the Facility's Computerised System

question 15

Multiple Choice

A client asks the nurse about the facility's computerised system for keeping client information, especially confidentiality issues. Which is the best response by the nurse?

• A) "Our system was designed with a lot of input from nursing staff."
• B) "Information in our system requires a password to retrieve."
• C) "I can see why you're worried, with all the computer hackers out there these days."
• D) "Don't worry, your information is always safe."

Understand the basic characteristics and structures of monopolies.

Identify factors that distinguish monopolies from perfectly competitive markets.

Describe how monopolies determine their profit-maximizing level of output and price.

Explain the role of public utilities and natural monopolies in the economy.

---

Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor.

Operating Expenses

Costs associated with the normal operations of a business, excluding cost of goods sold and direct labor.

Prepaid Expenses

Expenses paid in advance for goods or services to be received in the future, recognized as assets until used.

Accrued Liabilities

Liabilities for expenses that have been incurred but have not yet been paid or recorded through a standard payment transaction.