One Type of Nursing Center Is the Special Care Center

question 25

Multiple Choice

One type of nursing center is the special care center. This center:

• A) Focuses on a particular demographical group or those with special care needs
• B) Is closely associated with a school of nursing
• C) Are considered not-for-profit
• D) Are designated fee-for-service, designated HMO providers

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance, necessary for running a business.

Break-Even Point

The juncture where the overall expenses match the total income, resulting in neither a profit nor a loss.

Variable Costs

Costs that vary directly with the volume of production or service delivery, such as materials and labor.

Fixed Costs

Expenses that do not change in total irrespective of the volume of goods or services produced by a company.