A Novice Nurse Is Placed in Charge Just After Orientation

question 21

Multiple Choice

A novice nurse is placed in charge just after orientation ends. Which statement by the novice nurse would ensure a smooth delegation experience when delegating to an experienced staff member?

• A) "You have the patients in rooms 1 to 7. These patients require little skill so you will be fine."
• B) "Your assignments are posted in writing by the nurses' station. Be certain all your tasks are completed so the next shift is not behind."
• C) "You have patients in rooms 5 through 10 and I will administer all IV medications. I will let you know if I have to adjust. If you see you need help let me know."
• D) "Everyone is capable of providing the best care, so please sign up for the patients you would like to be assigned to."

Recognize and calculate the impact of erosion when evaluating new projects.

Identify the role of taxation and depreciation in affecting project cash flow.

Understand the concept of net working capital and its importance in project evaluation.

Appreciate the role of opportunity costs in project analysis.

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.

Account Balances

The amount of money in an account at a specific point in time, reflecting all transactions.

Credits

An accounting entry that either decreases assets or increases liabilities and equity on the company's balance sheet.

Debits

An entry recorded on the left side of a double-entry bookkeeping system that increases asset and expense accounts, and decreases liability, equity, and revenue accounts.