...the wrong hands, information of a patient could accidentally go into the wrong patient’s file, if the system was to go down it would cause issues as there are not hard copy notes (Perry, Potter & Ostendorf 2015, pp.36-38). Question 2 Watch the following videos and list all the possible positive issues with using an electronic health system. View Video 1 View Video 2 View other videos online to help you identify further benefits with using electronic health records. Positive issues with using an electronic health system is that it allows data to be accessed much more easily, allows for a smoother and quicker transfer of patients as all the paperwork can be accessed, improves patient safety, decreases costs as it reduces the amount of paper needed and it has the ability to store a large workload in a small space which can be easily accessed ('The Impact of Technology on Health Care' 2014). Question 1 Explain in your own words what scope of practice is. How can you determine if an activity or task is within your scope of practice? What advice would you give a first year nursing student on their first clinical placement regarding their scope of practice? Scope of practice is a range within a variety of different tasks and procedures that in nursing relates to the different procedures and/or interventions that relate to your profession and that you are accredited and legally able to do within your profession. An example, a nurse is not a doctor, therefore, they can not diagnose...
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...1. What are some non-tax considerations that should be taken into account in determining whether to operate a business as a partnership or corporation? There are couple things other than tax that need to be considered before staring a business. In a partnership, the owners are personally liable for the partnership’s debt, which means if the assets within partnership could not satisfied, owners are responsible for the remaining balance. However, owners of a corporation are generally not liable for the corporation’s liability. The ownership is easier to be transferred or sold to the other party in a corporation than in a partnership. Moreover, corporations will continue in business upon the death of shareholders. In a corporation, the company is liable for the unemployed insurance; however, the partnership is not responsible for this. In addition, generally, it will cost less to start a partnership than a corporation. Therefore, owners should take considerations of these points and the objective of the business in order to determine whether to operate a partnership or a corporation. 2. Barbara owns 40% of Partnership A and 40% of C Corp B. Each entity has $100,000 of net taxable income. Neither entity makes any distributions. What are the tax consequences to Barbara from each of her investments? Will either entity have to pay tax for the year? If so, how much assuming a 35% tax rate? Since partnership A has $100,000 net taxable income, and Barbara owns 40% of the partnership...
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...1. Evaluate the following statement. Is it a valid statement? If so, why is it valid; if not, why is it not valid? Cut out the middleman (retailers, distributors, etc.) and you will reduce the prices consumers pay for products. The distribution of products rarely flows from producer directly to the consumer. Rather, supply chains are developed to distribute products to consumers. Decisions related to distribution and supply chain are highly important. Some believe that cutting out the middleman in the supply chain, which are retailers, distributors, etc., will reduce the prices consumers pay for products. However, their belief is invalid. Supply chains are developed out of necessity. Many firms do not possess the capabilities to meet the needs of their supply chain. For example, a firm may not have the adequate resources to distribute or store their products. Therefore, instead of investing in a system to deliver their products, the firm may decide to use a distributor with adequate resources. If the firm were to develop their own distribution system, the consumer will likely see an increase in the price paid for the firm's products to offset the cost of the firm's investment. Therefore, cutting out the middleman is not guaranteed to reduce the prices consumers pay for products. In addition, even if a firm is able to successfully cut out a middleman in their supply chain does not guarantee a price reduction for consumers. The firm may decide to increase their profit margin...
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