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A nurse applying for a job in a hospital notes that administration promotes accurate and timely reporting of errors and near misses.The facility has a multidisciplinary team to analyze this information as it becomes available and design solutions to identified problems.This nurse could infer that:
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, assigning weights to each number.
Short-term Creditor
A creditor that provides loans or credit to a business or individual with an expectation of repayment within a short period, typically less than a year.
Liquidity
The ability of an asset to be quickly converted into cash without losing its value.
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