A Manager Is Concerned with the Number of Medication Errors

question 3

Multiple Choice

A manager is concerned with the number of medication errors occurring on their unit.The manager determines that these errors represent latent errors when an investigation reveals that:

• A) many nurses are not using two different forms of patient identification.
• B) nurses do not take the time to have high-risk medications double checked.
• C) the medication bar codes are often unreadable by the computer scanner.
• D) to save time, nurses gather all their patients' medications at one time.

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Definitions:

Equivalent Units

Represents a calculation in process costing that converts partially completed units into a number of fully equivalent units.

Weighted-Average Method

An inventory valuation method that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale during the period.

Cost Per Equivalent Unit

A calculation used in process costing, dividing total production costs by the number of units produced, accounting for partially completed units.

Process Costing

A costing method used when identical or similar goods or services are produced in mass quantities, assigning costs to units of product based on the process they go through.