The Nurse Reminds a Client That the Dietary Supplement and Health

question 11

Multiple Choice

The nurse reminds a client that the Dietary Supplement and Health Act of 1994 prevented manufacturers of dietary supplements from

• A) making specific therapeutic claims for the product on their labels.
• B) manufacturing products that are not tested or proven.
• C) offering products for sale except through pharmacies.
• D) publishing outrageous claims for the product on promotional materials.

Comprehend the concept and importance of maintaining a minimal cash balance for business operations.

Understand the concept and definition of maturity factoring.

Identify the reasons why accounts receivable and inventory, despite being liquid assets, may be considered inadequate collateral by lenders.

Describe the three basic types of secured inventory loans, including their advantages and disadvantages.

---

Definitions:

Setup Cost

The expenses incurred to prepare equipment or a production process for manufacturing a new batch of products, including costs for labor, tools, and materials.

Inventory Holding Cost

Expenses associated with storing unsold goods, including warehousing, insurance, spoilage, and opportunity costs, essentially another term for carrying cost.

Bill of Materials

An all-inclusive inventory detailing the materials, parts, and instructions necessary for the creation, production, or fixing of a product or service.

On-Hand Inventory

The quantity of stock physically available in a warehouse or storage area, ready for sale or distribution.