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HIPAA Standards Version ____ Addresses Many of the Limitations in the Former

question 27

Multiple Choice

HIPAA Standards Version ____ addresses many of the limitations in the former version and supports the reporting of national provider identifiers (NPIs) and the new ICD-10 codes.


Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Direct Method

A cash flow statement presentation that lists specific types of cash receipts and payments, used to reveal actual cash flow activities.

Accounts Receivable

Indicates the funds to be received by a business for credit sales made to customers, reflecting potential income.

Direct Method

A cash flow statement calculation method that lists the major operating cash receipts and payments, showing direct cash flows from operating activities.

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