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Minimizing negative phlebotomy outcomes can reduce health care costs and be extremely beneficial to quality patient care.Which of the following would not be used to monitor those outcomes?
Time Period Assumption
An accounting principle that the life of a business can be divided into discrete time periods, such as months and years, for reporting purposes.
Operating Cycle
The duration of time it takes for a company to purchase inventory, sell the goods, and collect cash from the sale.
Dividends Declared
A firm's announcement of the payment of a dividend to shareholders by a specified date, representing a commitment to distribute a portion of earnings.
Net Income
The net income of a company, calculated by removing all costs and taxes from the total sales.
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