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A student is confused about the need to answer questions in a clinical journal about what happened during the day that could have been handled differently and what the possible outcomes might have been.The nursing instructor explains that this kind of questioning:
Accrual Entry
An accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.
Accounting Accruals
Accounting method where revenue and expenses are recorded when they are earned or incurred, not necessarily when cash is received or paid.
Unpaid Payroll
The total sum of all wages, salaries, bonuses, and deductions owed to employees that have not yet been paid.
Depreciation
The accounting process of allocating the cost of a tangible asset over its useful life, reflecting decrease in value over time.
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