Evidence-Based Practice Is a Problem-Solving Approach to Making Decisions About

question 9

Multiple Choice

Evidence-based practice is a problem-solving approach to making decisions about patient care that is grounded in:

• A)the latest information found in textbooks.
• B)systematically conducted research studies.
• C)tradition in clinical practice.
• D)quality improvement and risk-management data.

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Definitions:

Fixed Budget

A budget that remains constant regardless of changes in the level of activity or volume, typically used for planning purposes.

Variable Costs

Outlays that fluctuate according to the amount of production or volume of sales.

Flexible Budget Performance Report

A report comparing actual operating results to a budget that adjusts with changes in the volume of activity.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue is contributing to fixed costs and profit.