Students in a Nursing Class Have Just Finished an Exam

question 5

Multiple Choice

Students in a nursing class have just finished an exam on the KATTS Framework. The students should know that they can do which of the following, in order to strengthen the knowledge component of the KATTS Framework? (Select all that apply.)

• A) Complete NCLEX-RN pretests.
• B) Review past NCLEX-RN test plans.
• C) Create a study plan, and then identify knowledge deficits.
• D) Reread textbooks from nursing courses.
• E) Focus studying on strong areas of knowledge.

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Definitions:

Net Present Value

The difference between the present value of cash inflows and outflows over a period, used to assess the profitability of investments.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, accounting for time value of money.

Annual Cost Savings

The reduction in costs achieved during a specific year, often through efficiency improvements or expense cuts.

Combined Present Value

A method of evaluating the overall present value of multiple future cash flows by discounting them back to their present value at a specific discount rate.