One Reason to Track Unpaid Claims Is Due to the Payment

question 50

Multiple Choice

One reason to track unpaid claims is due to the payment error in which a patient erroneously cashes a check made out to both patient and provider, which is called a __________.

• A) combination check
• B) credit check
• C) third-party payer check
• D) two-party check

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Definitions:

Machine Hours

A measurement of the amount of time a machine is operated during a given period.

Variable Manufacturing Overhead

Costs of manufacturing that vary with the level of production, such as supplies and utilities used in the production process.

Job A496

This is a reference to a specific task, project, or work order within a job costing system, identified by the code A496.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to individual products or job orders, based on a formula that estimates the costs.