Match Each Abbreviation Commonly Used in Administering Medications with Its

question 18

Multiple Choice

Match each abbreviation commonly used in administering medications with its meaning.
-By mouth

• A)ac
• B)noc
• C)bid
• D)Sig
• E)Stat
• F)pc
• G)po
• H)prn
• I)qh
• J)qs
• K)sol
• L)tid
• M)tinc

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Definitions:

Absorption Costing

A calculation technique in which the cost of a product is determined by including all costs associated with manufacturing, including direct materials, direct labor, as well as variable and fixed overhead costs.

Cost-plus Pricing

A pricing strategy where a fixed percentage is added to the total cost of producing a product to determine its selling price.

Return on Investment

A measure of performance that evaluates the efficiency or profitability of an investment relative to its cost.

Selling Price

The amount of money a buyer pays to purchase a product or service.