Which Code Set Is Used to Determine the Physician's Services

question 5

Multiple Choice

Which code set is used to determine the physician's services?

• A) ICD-10-PCS
• B) ICD-10-CM
• C) CPT
• D) HCPCS Level II

---

Definitions:

High-Low Method

A technique in cost accounting used to estimate fixed and variable cost components of a product or service based on the highest and lowest levels of activity.

Variable Cost Elements

Expenses that change in proportion to the amount of goods produced or the volume of sales.

Fixed Cost Elements

Costs that do not change with the level of production or sales activity within a certain range or over a certain period.

Telephone Costs

Expenses related to the usage of telecommunication services by a business, categorized as utility expenses and recorded in the income statement.