All of These Statements Are True About ICD-10-CM,except

question 42

Multiple Choice

All of these statements are true about ICD-10-CM,except:

• A) ICD-10-CM will help reduce coding errors.
• B) ICD-10-CM provides greater coding accuracy and specificity.
• C) When implemented,the United States will be the only nation using the ICD-10-CM coding system.
• D) ICD-10-CM will result in improved efficiency of care and lower costs.

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Definitions:

Customers' Goals

The objectives or desired outcomes that customers aim to achieve through purchasing goods or services.

Substitute Products

Goods or services that can serve as replacements for each other, satisfying similar customer needs or desires.

Competition

The rivalry among businesses to attract customers and achieve higher sales, profits, and market share.

Discounted Future Profits

The present value of a company's projected future profits, adjusted for time and risk.