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One Duty of the Nurse Manager Is Analyzing the Budget

Question 42

Multiple Choice

One duty of the nurse manager is analyzing the budget. The questions below are based on the more commonly used nursing department economic evaluation methods.What is cost analysis?


A) A measurement of the cost of a product, service or intervention
B) Costs spent per outcome achieved
C) Ratio of total costs to total benefits expressed in both dollars and benefit value
D) Comparison of interventions to achieve one quality-adjusted life year

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