In Coding Radiology Services, the Part of the Procedure That

question 2

Multiple Choice

In coding radiology services, the part of the procedure that reflects the technologist and the equipment used is the:

• A) technical component.
• B) professional component.
• C) supply and equipment component.
• D) results component.

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Definitions:

Realizable Value

An estimate of the amount for which an asset can be sold or a liability settled under current market conditions.

Expense Recognition

An accounting principle that dictates the timing of reporting an expense in the financial statements.

Dishonors

Refers to the failure to accept or pay a bill of exchange or promissory note when due.

Dishonored Note

A promissory note that has not been paid by the maker at maturity.