When a Healthcare Provider Engages in Intentional Misrepresentation or Deception

question 34

Multiple Choice

When a healthcare provider engages in intentional misrepresentation or deception that could result in an unauthorized benefit to an individual,it is called:

• A) fraud.
• B) abuse.
• C) negligence.
• D) malpractice.

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Definitions:

Financial Accounting

The area of accounting focused on reporting financial information and performance outcomes to external parties such as investors and creditors.

Managerial Accounting

Managerial Accounting involves the process of identifying, measuring, analyzing, and interpreting accounting information to help managers make informed business decisions.

Quantitative Information

Data that can be measured and expressed numerically, allowing for statistical analysis and comparison.

Accounting Standards

Guidelines established by authoritative bodies that dictate how financial transactions and elements should be recorded and reported in financial statements.