Which of the Following Best Describes the Concept of Evidence-Based

question 19

Multiple Choice

Which of the following best describes the concept of evidence-based practice?

• A)It is a method of improving nursing care and effectively maintaining cost containment.
• B)Insurance companies review the evidence of the health care practice for reimbursement.
• C)It achieves large-scale economics while providing cost-effective care.
• D)It provides for the use of recent research in current nursing practice.

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Definitions:

After-Tax Rate

The rate of return on an investment after accounting for taxes.

Diversified Portfolio

An investment portfolio composed of a variety of assets to reduce exposure to risk associated with any single asset or industry.

Capital Gains

The profit earned from the sale of assets or investments, such as stocks or real estate, measured by the difference between the sale price and the original purchase price.

Interest Rate Risk

The potential for investment losses due to changes in interest rates.