When an Incorrect Entry Is Documented in the Paper-Based Health

question 21

Multiple Choice

When an incorrect entry is documented in the paper-based health record, the responsible provider can _____.

• A)cross out the entire incorrect entry using a single line, documenting the correct entry immediately below the incorrect entry and dating the entry
• B)delete the entire entry by removing the report on which the incorrect entry was made, documenting corrected entries on a new page in the record
• C)draw a single line through the incorrect entry; write the word "error" next to it; date, time and initialize the incorrect entry; and enter the reason for correction
• D)obliterate entire incorrect entry (e.g., using a black magic marker), and document the correct entry in the next available space in the patient record

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Definitions:

Break-even EBIT

The level of earnings before interest and taxes (EBIT) at which a company neither makes a profit nor incurs a loss.

Target Capital Structure

Refers to the mix of debt, preferred stock, and common equity that a company aims to hold to fund its operations and maximize its value.

WACC

Weighted Average Cost of Capital - a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.