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A patient newly diagnosed with cancer is admitted to the hospital, and the provider orders oxycodone [OxyContin] every 4 to 6 hours PRN pain. The patient requests pain medication whenever he or she reports pain as a 7 or 8 on a scale of 1 to 10 (10 being the worst pain) , but he or she tells the nurse the medication is not working well. The nurse will contact the provider to discuss:
Temporary Difference
A difference between the book value and tax value of an asset or liability that will result in taxable or deductible amounts in future years.
Accrued Product Warranty
Liabilities recognized for future costs related to warranty claims on products sold that have not yet been serviced.
Taxable Income
The amount of income that is used to calculate an individual's or a company's income tax dues, calculated as gross income minus deductions and exemptions.
Pre-tax Book Income
The income of a company calculated before any tax is applied, based on accounting principles rather than tax laws.
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