Which of the Following Best Describes What Is Usually Included

question 46

Multiple Choice

Which of the following best describes what is usually included in informed consent?

• A)Once an individual agrees in writing to participate, they must complete the study.
• B)Individuals agree not to receive any incentives to participate in the study.
• C)Individuals are informed of the benefits and risks of the study but not the procedures.
• D)Individuals are informed about the benefits, risks, and procedures used in the study.

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Definitions:

Compounded Nominal Rate

The rate of interest quoted for a period, usually a year, without taking into account the effect of compounding within that period.

Effective Rate

The actual interest rate of an investment or loan, taking into account the effect of compounding interest as opposed to the nominal or stated rate.

Annuity

A monetary product designed to deliver regular payouts, mainly aimed at funding retirees' income needs.

Compounded Monthly

A compound interest calculation method where interest is added to the principal balance each month.