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Amin is working in the emergency department. One of his clients, a 70-year-old man visiting from China, requires an emergency procedure. Amin has asked his client to read the brochure on the emergency procedure and to sign the consent. Amin's client tells him that he did not go to high school, he cannot read the literature that has been given, and he cannot read the consent. Which of the following risk factors does the nurse know can put Mr. Chen at risk of having lowered health literacy skills?
Lower of Cost
An accounting principle that values inventory at the lesser of its historical cost or the current market price to prevent overstating the value of assets.
Allowance Method
An accounting method that estimates and records bad debts expense by anticipating which accounts receivable will be uncollectible.
Direct Method
A way of presenting cash flows from operating activities by listing major classes of gross cash receipts and payments.
Loss Recovery
The process of recouping losses from previous investment or business activities, often by adjustments in strategy or receiving compensations.
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