The AHIMA Has Developed Standards for Ethical Coding Which Have

question 68

True/False

The AHIMA has developed Standards for Ethical Coding which have eliminated the ethical dilemma of whether to focus on the accuracy of coding versus coding to obtain a better reimbursement for the health-care facility.

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Definitions:

Budgeted

The process of creating a plan for a company's spendings and incomes over a specific period, typically including projected revenues, expenses, and net income.

Direct Labor Time Variance

The difference between the actual hours worked and the standard hours allowed for the work done, multiplied by the standard labor rate.

Direct Labor

The cost of wages for employees who directly manufacture or produce goods.

Unfavorable

A term used to describe outcomes or variances that negatively impact a business financially or operationally.