Identify the Recognition Criteria That Must Be Satisfied Under the Conceptual

question 33

Multiple Choice

Identify the recognition criteria that must be satisfied under the Conceptual Framework for income to be included in the profit report.

• A) probability that the inflow of resources has occurred
• B) inflow of resources able to be reliably measured
• C) income must be matched with expenses
• D) both A and B

Learn the functions and operations of bureaucratic agencies within the federal government.

Differentiate between political appointees and civil servants, including how they obtain their jobs.

Analyze the reasons behind the unresponsiveness of the bureaucracy to presidential directives.

Describe the structure, features, and functions of different governmental organizations.

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Definitions:

Gatekeeper

One who regulates access to someone or something; in insurance, a primary care physician who coordinates the patient’s referral to specialists and hospital admissions.

Primary Care Physician

A Primary Care Physician (PCP) is a healthcare provider who offers general medical treatment and who is typically the first point of consultation for patients.

HMO

Health Maintenance Organization; a type of health insurance plan that typically requires members to receive healthcare services from a network of designated providers.

CMS-1500s

Standardized forms used in the United States to submit Medicare and Medicaid claims and certain other types of insurance claims by healthcare providers.