Examlex
The nurse manager of a care area asks that a new intravenous-therapy monitoring device not be used for any patients until the entire staff has received appropriate instruction on its use. The nurse manager is demonstrating which component of caring?
Uncollectible
Refers to accounts receivable that are unlikely to be recovered and are therefore considered as bad debt.
Allowance Method
An accounting technique used to account for potential uncollectible receivables by estimating and recording bad debts expense ahead of specific account identifications.
Uncollectible Receivables
Receivables from sales or loans that are not expected to be collected, often written off as bad debts.
Estimate
An approximation or educated guess used to project future financial outcomes or the potential costs of projects.
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