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After teaching a client who is newly diagnosed with type 2 diabetes mellitus,the nurse assesses the client's understanding.Which statement made by the client indicates a need for additional teaching?
Cost of Goods Sold
An accounting term representing the direct expenses related to producing or purchasing the goods sold by a company during a given period.
Amortization
The process of gradually paying off debt over a period of time through scheduled, pre-determined payments.
Gross Margin
The gross margin refers to the difference between the revenue generated from sales and the cost of goods sold, usually expressed as a percentage of revenue.
Operating Statement
A financial document that provides a summary of a company's revenues, expenses, and profit or loss over a specific period.
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