A New Graduate Asks the Manager to Explain the Purpose

question 25

Multiple Choice

A new graduate asks the manager to explain the purpose of full-spectrum nursing.How should the manager respond?

• A) Provide care in the most cost-effective manner possible.
• B) Minimize the use of overtime when providing client care.
• C) Adhere to federal and state regulations when providing care.
• D) Achieve safe,effective care and promote good patient outcomes.

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Definitions:

Product

A good or service that is created, offered, and sold to customers.

Activity-Based Costing

A pricing strategy where the organization's activities are pinpointed, and the costs for these activities are distributed across all products and services based on their respective consumption levels.

Unit Product Cost

The sum of all expenses, such as materials, labor, and overhead, divided by the total units manufactured.

Product N0

The identification or reference number assigned to a specific product or item.