Within Which Organization Is the Patient Required to Select a Primary

question 17

Multiple Choice

Within which organization is the patient required to select a primary care provider (PCP) from a list the organization provides to direct all medical care the patient receives?

• A) POS
• B) PCP
• C) HMO
• D) PPO

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Definitions:

Capital Lease

A lease classified as a purchase by the lessee, where the asset is accounted for on the lessee’s balance sheet as an asset.

Effective-Interest Method

A method of calculating the amortized cost of a bond and the interest expense over the life of the bond by applying a constant interest rate to the carrying value of the bond.

GAAP

Stands for Generally Accepted Accounting Principles, which are the standard framework of guidelines for financial accounting in a particular jurisdiction.

Straight-Line Method

A method of depreciation where an asset's cost is evenly reduced over its useful life.