A Conflict of Interest Occurs When There Is Pressure to Act

question 4

Multiple Choice

A conflict of interest occurs when there is pressure to act in a way that does not protect the patient's/facility's best interest. Which scenario best describes a conflict of interest?

• A) A nurse practitioner is friends with a pharmaceutical representative and prescribes all patients the company's antihypertensive even if the patient would benefit more from a different drug.
• B) An advance practice nurse is ordering new equipment for the telemetry unit and reviews bids from a variety of companies to determine the best value.
• C) An advance practice nurse is interviewing nurses to work on the intensive care unit, one of whom is a close friend of the CEO but has minimal experience. The advance practice nurse chooses the nurse with more critical care experience.
• D) A nurse educator who serves on the textbook selection committee also reviews textbooks for a publishing company and recuses themselves from the final vote.

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Definitions:

Debits and Credits

Fundamental elements of double-entry bookkeeping, where debits represent increases in assets or expenses and credits signify increases in liabilities, equity, or income.

Transaction

An agreement or exchange between two or more parties that is recorded and has a financial impact on the business.

T-Account

A graphical representation of a ledger account, showing two sides for debits and credits, used in accounting.

Ledger Account

A record that keeps track of all the financial transactions pertaining to a specific account, forming part of the general ledger.