Direct Claim Submission Is Considered the Best Method If Most

question 40

True/False

Direct claim submission is considered the best method if most claims are being sent to a single carrier.

---

Definitions:

Financial Information

Data concerning the financial status or operations of an entity, including statements and transactions.

Acid-Test Ratio

A financial metric used to determine a company's short-term liquidity position by comparing its most liquid assets, excluding inventories, against its short-term liabilities.

Financial Information

Data related to the financial status of an entity, including balance sheets, profit and loss statements, and cash flow reports.

Days' Sales in Inventory

A financial metric measuring the average number of days a company takes to turn its inventory into sales.