The Development of Associate Degree (AD)nursing Programs Has Had Which

question 13

Multiple Choice

The development of associate degree (AD) nursing programs has had which effect on nursing today? (Select all that apply.)

• A) A wider student pool has been able to study nursing.
• B) AD programs have helped ease the nursing shortage.
• C) Hospitals have been influenced to close their training programs.
• D) Social status for graduates of nursing programs has improved.
• E) The public has suffered some confusion about nursing education.

Recognize the relationship between break-even analysis and project payback periods.

Evaluate the effects of cost structure changes on operating cash flows.

Appreciate the relevance of contribution margin in break-even analysis.

Understand the concept of net present value (NPV) in relation to financial break-even.

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Definitions:

SAB 104

An SEC Staff Accounting Bulletin that provides guidance on revenue recognition to ensure accuracy in financial reporting.

Revenue Recognition

The accounting principle that dictates the process and timing of recognizing revenue in the financial statements, typically when it is earned and realizable.

GAAP

Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting in a particular jurisdiction, notably the United States.

Cookie Jar Reserves

Accounting practices where companies set aside reserves during good financial periods to smooth out earnings in future, less favorable periods.