The Dictum ____ Says That the Results You Get Out

question 7

Multiple Choice

The dictum ____ says that the results you get out of a simulation model are only as good as the data and the assumptions put into the model.

• A)garbage in, garbage out
• B)first in, first out
• C)last in, last out
• D)first in, last out

Understand the significance of patient education on medication management and the risk of bias in charting.

Understand and apply basic math calculations for drug dosages.

Differentiate between metric, apothecary, and household measurement systems.

Convert measurements within and between different measurement systems.

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Definitions:

Unit Product Cost

The cost calculated per unit, combining all expenses including materials, labor, and overhead related to the production.

Variable Costing

A method of accounting that comprises solely of variable production expenses, such as direct materials, direct labor, and variable manufacturing overhead, in the calculation of product costs.

Variable Costing

An accounting method that includes only variable costs (costs that change with production levels) in product costs and treats fixed costs as period expenses.

Unit Product Cost

The total cost incurred to produce, store, and sell one unit of a product, including material, labor, and overhead.