The Nursing Instructor Asks a Student to Explain Why the American

question 5

Multiple Choice

The nursing instructor asks a student to explain why the American Board of Managed Care Nursing (ABMCN) is an example of a certification program. How should the student respond?

• A)It formally recognizes nurses who have achieved a high standard of practice in managed care.
• B)It provides a process for recognizing the professional competence of individuals who pass the program.
• C)It investigates and adjudicates cases of professional negligence.
• D)It lists the state requirements for a nursing professional to achieve licensure.

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Definitions:

Additional Funds Needed (AFN)

The projected amount of new external funding required by a firm to support its business expansion and meet its capital requirements.

Target Payout Ratio

Percentage of net income paid as a cash dividend.

Constant Ratio

A financial strategy or policy that maintains a fixed proportionate relationship between two or more variables, such as assets and liabilities.

Pro Forma Financial Statements

Financial statements projecting future years' earnings, usually to assess the impact of new projects or acquisitions.