The Nurse Often Has to Make Resource Allocation Decisions

question 14

Multiple Choice

The nurse often has to make resource allocation decisions.Which of the following best describes the criterion the nurse should use in such cases?

• A) The specific moral or ethical principle related to the situation
• B) The cheapest, most economical approach
• C) The most rational probable outcome
• D) The needs of the aggregate rather than a few individuals

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Definitions:

Bonds Payable

Bonds payable are long-term debt instruments issued by corporations or governments to raise capital, where the issuer agrees to pay back the principal along with interest at a specified date.

Cash Dividends

Profits distributed by a corporation to its shareholders in the form of cash.

Common Stock

A type of equity security that represents ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.

Operating Activities

Activities that relate directly to the primary revenue-generating operations of an organization, detailed in the cash flow statement.