Developed in Response to Early Managed Care Requirements, DAP Notes

question 15

Multiple Choice

Developed in response to early managed care requirements, DAP notes are one of the more common formats for progress notes. DAP stands for:

• A) diagnosis, assessment, and plan.
• B) diagnosis, action, and progress.
• C) data, assessment, and plan.
• D) data, action, and progress.

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Definitions:

Purely Competitive

A market structure characterized by many sellers offering identical products, leading to a situation where no single seller can influence price.

Output

The amount of product or service produced by a company, industry, or economy within a specific period.

Average Variable Cost

The sum of all variable production costs divided by the number of units produced.

Profit-Maximizing

The strategy or process by which a company determines the price and output level that generates the most profit.