If the Facility Does Not Have an Electronic Decision Support

question 15

Multiple Choice

If the facility does not have an electronic decision support system in place, which sources would nurses seeking answers to clinical questions consult first?

• A) Summaries
• B) Syntheses
• C) Meta-analyses
• D) Case studies

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Definitions:

Perpetual Inventory System

An accounting approach to continuously track inventory levels, purchases, and sales, updating the inventory records in real-time.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated using either a periodic or perpetual inventory system.

Inventory Method

The approach a business uses to value its inventory and determine the cost of goods sold, such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).

Gross Profit Ratio

A financial metric used to assess a company’s financial health by dividing gross profit by net sales.