Why Do You Need to Check the Date and Sterilization

question 93

Multiple Choice

Why do you need to check the date and sterilization indicator on an instrument pack prior to opening?

• A) To be sure items inside will work
• B) To avoid putting the patient at risk for postoperative infection
• C) To be sure the package was stored properly
• D) To make sure all the proper instruments are in the pack
• E) To be sure the items inside have not been exposed to moisture

Understand the impact of currency exchange rate fluctuations on international business operations.

Identify stocks and industries with varying sensitivities to economic cycles.

Describe the tools and effects of monetary policy on the economy.

Recognize different investment strategies and classifications within portfolio management.

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Definitions:

Capital Cost Allowance (CCA)

CCA is the tax deduction allowed in Canada for the depreciation of property used in a business or profession.

Depreciation

The accounting process of allocating the cost of tangible assets over their useful lives, reflecting the decrease in value over time.

Net Capital Spending

The amount spent by a company for maintaining or increasing the scope of its assets, minus any sales of fixed assets during the same period.

Net Working Capital

An evaluation of an entity's liquidity level, which is obtained by the subtraction of current liabilities from current assets.