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Comparisons of Measurement Values Between Clinical Laboratories Require a Hierarchical

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Comparisons of measurement values between clinical laboratories require a hierarchical approach that obliges routine clinical chemistry measurements to be referred back to a reference measurement procedure.This concept is known as:


Definitions:

Accounts Receivable

Funds that customers owe to a business for products or services already provided but not yet compensated for.

Maker

The entity that issues or creates a promissory note and agrees to pay the note's amount to a specified party.

Allowance for Doubtful Accounts

A contra-asset account on a company's balance sheet that represents the amount of receivables the company expects may not be collected due to customer defaults.

Contra Asset

An account listed in a company's balance sheet that is used to reduce the balance of a related asset account, showing the amount that effectively reduces the original asset's value.

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