To Bill for Services Provided by an Audiologist, the Necessary

question 38

Multiple Choice

To bill for services provided by an audiologist, the necessary CPT codes would be found in the:

• A) Evaluation and Management section.
• B) Anesthesia section.
• C) Pathology and Laboratory section.
• D) Medicine section.

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Definitions:

Current Period

Refers to the present accounting period or cycle in which business transactions are being recorded and reported.

Nearest Cent

Rounding a monetary amount to the closest cent, often used in financial transactions to avoid fractions of a cent.

FIFO Process Cost Method

An inventory valuation method that assumes the first items produced or acquired are the first ones sold, affecting production and inventory costs.

Equivalent Units

A concept in cost accounting to express the amount of work done on partially finished goods in terms of fully finished units.