It Is Illegal to Bill for a Component Service When

question 19

Multiple Choice

It is illegal to bill for a component service when:

• A) codes corroborate the documentation in the medical record.
• B) codes are identified as those that are not permitted.
• C) a comprehensive code or combination code is available.
• D) a code is identified as a separate procedure.

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Definitions:

Investing Activities

Transactions that involve the purchase or sale of long-term assets and investments are considered investing activities.

Non-current Assets

Non-current assets are long-term resources owned by a company, expected to provide economic benefits beyond one year, such as property, plant, and equipment (PP&E), and intangible assets.

Direct Method

A cash flow statement presentation that lists major categories of gross cash receipts and payments.

Cost of Goods Sold

The direct expenses tied to the production of goods sold by a company, including material, labor, and overhead costs, directly affecting gross profit.