For a Patient Whose Condition Permits Adequate Time to Schedule

question 34

Multiple Choice

For a patient whose condition permits adequate time to schedule the service, the admission type code would be reported as:

• A) emergency.
• B) urgent.
• C) elective.
• D) trauma.

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Definitions:

Wages Payable

Represents the total amount of wages earned by employees that have not yet been paid by the employer.

Wages Expense

The total cost incurred by a company for the payment of wages to its employees during a specific period.

Adjusting Entry

Financial records prepared at the close of an accounting timeframe to attribute profits and outlays to the specific period in which they happened.

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, reflecting how much of the asset's value has been used up over time.