Which of the Following Statements Is True About Best Practices

question 2

Multiple Choice

Which of the following statements is true about best practices?

• A) They are behaviors based on the clinician's experience.
• B) They are most appropriate for use within a particular practice context.
• C) They describe what the client thinks is best.
• D) They involve the practice of doing the most good in the world.

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Definitions:

Simple Rate of Return

A method to evaluate the profitability of an investment by dividing the annual incremental net operating income by the initial investment cost.

Operating Expenses

Costs associated with a company’s operational activities, excluding direct labor and materials, that are necessary to run the business.

Sales Revenues

The total amount generated from selling goods or services before any expenses are subtracted.

Cash Operating Costs

The expenses a company incurs during its normal business operations that require cash payments, such as rent, utilities, and payroll.