Identify the Characteristics That Are Consistent with the ICD-10 Coding

question 3

Multiple Choice

Identify the characteristics that are consistent with the ICD-10 coding system.

• A)Contains 3 to 5 characters; uses 2 to 5 numeric digits; identifies laterality of affected side.
• B)Contains 2 to 5 numeric digits; supports health exchange with other countries; digit 1 is alpha.
• C)Contains 4 to 7 alphanumeric digits; is flexible to accommodate new codes; has approximately 17,000 diagnostic codes.
• D)Contains digit 1, which may be alpha or numeric; has limited spacing for new codes; is very specific.

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Definitions:

Salvage Value

The predicted end-of-life resale worth of an asset after its period of functional utility has ended.

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, representing the decrease in value due to wear and tear over time.

Cost of Goods Sold

The immediate expenses related to the manufacturing of products which a business sells, covering materials and workforce.

Depreciation Expense

An accounting method to allocate the cost of a tangible or physical asset over its useful life.