HCPCS Level II Codes Are Used

question 30

Multiple Choice

HCPCS Level II codes are used:

• A) when no CPT code is accurate.
• B) to report supplies.
• C) when the insurance carrier permits.
• D) all of these

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Definitions:

Creditors

Individuals or institutions that lend money or extend credit, with the expectation of being repaid.

Operating Cash Flow

A measure of the amount of cash generated by a company's normal business operations over a period of time.

Retained Earnings

Retained earnings represent the portion of a company's profit that is retained within the business rather than distributed to shareholders as dividends, often used for reinvestment.

Dividend

A payment made by a corporation to its shareholders, usually in the form of cash or stock, from its earnings.