The Key to Being Classified as a Cash Equivalent Is

question 184

True/False

The key to being classified as a cash equivalent is that the amount must be available to pay debts within a year's time or less.

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Definitions:

Temporary Codes

Codes assigned for a limited period or for specific situations that do not have permanent classification codes.

Third-Party Payers

Entities (usually insurance companies or government programs) that pay for healthcare services on behalf of beneficiaries.

Procedure Documented

A written record that outlines the specific steps or methods to be followed in order to perform a task or process correctly.

Modifier

Changes; limits the meaning; inform third-party payers that circumstances for that particular code have been altered.