They recommend a minimum set of clinical criteria for the initiation of antibiotic therapy for UTIs in nursing home residents (Table 2). 12 Under these criteria, urine culture is required to rule out a UTI. Research has found that the Loeb criteria produce 19% sensitivity, 89% specificity, 57% PPV and 59% NPV. 7.
It is used to record returns. This account has a normal credit balance and appears on the income statement in the Cost of Goods Sold section for a merchandising company. Freight-In: this is an expense account used to record the cost of freight shipped under F.O.B. shipping point.This account has a normal debit balance and appears on the income statement in the Cost of Goods Sold section for a merchandising company.ost of Goods Sold is an expense account shown on the income statement. It is important for the owner to use this account because it shows the cost of the inventory sold. Once Cost of Goods Sold is known, the owner can calculate gross margin.
Understated Merchandise Sold. For a business, a misstatement in the cost-of-sale account -- also known as overstated or understated merchandise sold -- portrays a wrong profitability picture.Depending on the error, the company will show a higher or lower net income amount at the end of a given period -- such as a month, quarter or fiscal year.verstated merchandise sold means a business recorded a higher expense for goods it sold during a given period; the financial consequence is lower income. The reverse situation holds true if the business understated merchandise cost.