The Realizable Value Audit Objective Is Not Applicable When Auditing

question 25

True/False

The realizable value audit objective is not applicable when auditing prepaid insurance or insurance expense.

---

Definitions:

Diabetic Foot Ulcer

An open sore or wound that occurs in approximately 15% of patients with diabetes, usually on the bottom of the foot.

Dressing Changes

The process of removing old wound dressings and applying new clean dressings to promote healing and prevent infection.

Débrides

The process of removing dead, damaged, or infected tissue to improve the healing potential of the remaining healthy tissue.

Informed Consent

A process by which a patient voluntarily agrees to a proposed medical treatment after being informed of the risks, benefits, and alternatives.