Which of the Following Responses from the Nurse Manager Is

question 18

Multiple Choice

Which of the following responses from the nurse manager is consistent with a culture that promotes patient safety?

• A) We make sure that we don't have any errors on this unit.
• B) We identify who made the error and take corrective action.
• C) We provide remedial training for all staff on the unit when there is an error.
• D) We report any medical error or near-miss to help us find the root cause of the problem.

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Definitions:

Covered Interest Arbitrage

A strategy involving the conversion of currency into another at current exchange rates, investment in foreign interest-bearing instruments, and the simultaneous hedging of exchange rate risk with a forward contract.

Currency Futures

Standardized contracts to buy or sell a specific currency at a future date and at a predetermined price on the foreign exchange market.

Commodity Futures

Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, like a physical commodity or a financial instrument, at a predetermined future date and price.

Interest Rate Parity

A financial theory which suggests that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.