Match Each Term with the Following Correct Definition.​

question 8

Multiple Choice

Match each term with the following correct definition.​
-​Amount required to be paid by the insured before benefits become payable.

• A)​Premium
• B)​Co-pay
• C)​PPO
• D)​Medicaid
• E)​ICD-10
• F)​Accounts receivable
• G)​Coding
• H)​Priority
• I)​Deductible
• J)Coinsurance

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Definitions:

Activity Variance

The difference between the budgeted amount for an activity and the actual amount spent.

Budgeting

The process of creating a plan to spend your money, outlining how much revenue a company anticipates receiving and how much it expects to spend over a specific period.

Actual Results

The real, achieved outcomes of activities, such as financial performance, compared against planned or projected outcomes.

Customers Served

The number of individual clients or customers that a business or service has provided for over a certain period of time.