A Process That Entails Conveying Complete Understanding to a Client

question 173

Multiple Choice

A process that entails conveying complete understanding to a client or patient about his or her options to choose to participate in a procedure, test, service, or program is known as a(n) ______.

• A) informed consent
• B) release or waiver
• C) standard of care
• D) assurance of instruction

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Definitions:

Policies

Statements of principle and guidelines, formulated or adopted by an organization, to direct and limit actions in pursuit of its objectives.

Paid-In Capital

Paid-in capital is the amount of money raised by a company in exchange for shares of its stock.

Investments

Investments represent the allocation of resources (such as time, money, or effort) with the expectation of generating an income or profit.

Owners

Individuals or entities that hold the ownership interest in a company, entitling them to the residual profits and assets after liabilities are settled.