The Proper Way to Make a Correction in a Medical

question 69

Multiple Choice

The proper way to make a correction in a medical record is to ____.

• A) black out the incorrect information and print the correct information above it
• B) erase the incorrect information and insert the correct information in its place
• C) use correction fluid to hide the incorrect information and replace it with the correct information
• D) draw a line through the incorrect information so it is still legible, and write the correct information above it
• E) draw a line through the incorrect information, and refer the reader to the physician for the correct information

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Definitions:

Explicit Costs

Direct payments made to others in the course of running a business, such as wages, rent, and materials.

Accounting Profits

The net earnings of a company as calculated by subtracting total expenses from gross revenue, according to accepted accounting principles.

Economic Profit

The difference between a firm's total revenue and its total costs, including both explicit and implicit costs, reflecting the financial gain exceeding the opportunity cost of resources used.

Accounting Profit

Net income of a company is determined by deducting total expenses from total revenues, in line with established accounting norms.