Which of the Following Long-Standing Taxonomies Was Originally Developed for Home

question 14

Multiple Choice

Which of the following long-standing taxonomies was originally developed for home care but is now applicable to a wide range of settings with comparable data and language?

• A) NOC
• B) Omaha
• C) NANDA-I
• D) SNOMED CT

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Definitions:

First-in, First-out Method

An inventory valuation method where the first items purchased or produced are the first ones removed from the inventory account.

Equivalent Units

A concept used in cost accounting to convert partially completed goods into a number of completed units for inventory and cost analysis purposes.

Conversion Cost

The combined cost of direct labor and manufacturing overhead, associated with the transformation of raw materials into finished goods.

Equivalent Units

A term used in cost accounting to express the amount of work completed in terms of fully finished units, adjusting for partial completions in the production process.