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The nurse is caring for a client who has an open surgical wound on the abdomen that contains a creamy exudate and small areas of deep pink granulation tissue. Which of the following terms should the nurse use to document these findings?
Managerial Accounting
The area of accounting focused on providing financial data and advice to company managers for decision-making purposes.
GAAP
Generally Accepted Accounting Principles encompass a series of standard accounting practices and rules for the creation of financial reports.
Financial Accounting
The field of accounting that focuses on providing information to external users such as investors, creditors, and regulators, primarily through financial statements.
GAAP
A set of widely accepted accounting norms and standards, referred to as Generally Accepted Accounting Principles, for the preparation of financial statements.
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