Preventive Medicine Exam Codes Are Based on Whether the Patient

question 20

Multiple Choice

Preventive medicine exam codes are based on whether the patient is a new or established patient and:

• A) the patient's age.
• B) the severity of the illness.
• C) the amount of time spent with the patient.
• D) the level of history taken.

---

Definitions:

Debited

An accounting term that refers to an entry on the left side of an account ledger, representing an increase in assets or a decrease in liabilities or equity.

Prepaid Expenses

Expenses paid in advance for benefits to be received in the future, recorded as assets on a balance sheet until used.

Expense

An expense is a cost incurred in the process of generating revenue. Expenses reduce a company's income and are accounted for in the income statement.

Accounting Equation

The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Equity, representing the financial position of a company.