A Resident Asks an LPN/LVN, "What Is Meant by the Practical/vocational

question 27

Multiple Choice

A resident asks an LPN/LVN, "What is meant by the practical/vocational nurse's standard of care in a long-term care agency?" The LPN/LVN should respond, "The practical/vocational nurse who provides care for residents in a long-term care agency must implement care that is consistent with

• A) shortcuts acceptable to the agency that allow nurses to assume larger and more complex patient assignments."
• B) care that an ordinary, prudent LPN/LVN with the same education and experience would perform in similar circumstances."
• C) the minimum competency necessary to function as a health care giver in the state in which the nurse resides."
• D) customs of the agency in which the nurse is employed."

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Definitions:

Administrative Expense

Expenses that are not directly tied to the production or selling of goods and services, such as salaries of senior executives and costs of general services.

Period Cost

Costs that are not directly tied to the production process and are expensed in the period they are incurred, such as selling and administrative expenses.

FIFO Cost Flow

An inventory valuation method where the oldest inventory items are recorded as sold first, leaving the newest items in inventory.

Finished Goods Inventory

Finished Goods Inventory consists of the completed products that are ready for sale but have not yet been sold, representing one of the components of a company's total inventory.