Match the Following -Percentage of the Cost of Covered Services That the Policyholder

question 13

Multiple Choice

Match the following

-Percentage of the cost of covered services that the policyholder must pay

• A) deductible
• B) electronic remittance advice (ERA)
• C) conversion factor
• D) coinsurance
• E) relative value unit
• F) reason code
• G) adjudication
• H) copayment
• I) withhold
• J) allowed charge

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Definitions:

Indirect Method

A method used in cash flow statement preparation that adjusts net income for the changes in balance sheet accounts to calculate the cash from operating activities.

Accounts Payable

Obligations or debts owed by a company to its suppliers or creditors for goods and services received.

Sales

Income earned from the sale of products or services over a defined time frame.

Direct Method

A cost allocation technique used in cost accounting that assigns all service department costs directly to producing departments without considering any services rendered between service departments.