Examlex
According to the following discharge summary, which of the following statements is NOT true? Hospital Course
On postop day 2, Ms. Cloud began complaining of increasing right ophthalmalgia. She was noted to be febrile to 102.2. Exam revealed conjunctival infection and edema. She was presumed to have postoperative endophthalmitis. Vitrectomy was performed under sterile conditions, and samples were sent to lab for culture. She was given intravitreal antibiotics. Over the next couple of days, her fever curve trended down and her WBC count improved. Cultures came back positive for S. epidermidis. Infectious disease was consulted; they recommended two weeks of IV therapy. A PICC line was placed and she was discharged with care instructions.
Accrual Basis
An accounting method where revenue is recorded when earned and expenses are recorded when incurred, regardless of when cash transactions occur.
Prepaid Expenses
Future expenses that have been paid in advance and are recorded as assets until they are actually incurred.
Unearned Revenues
Unearned revenues are funds received by a company for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet until the obligation is fulfilled.
Unearned Consulting Revenue
Revenue received for services that have not yet been performed or delivered and is recorded as a liability until the service is provided.
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