Code L02.93 Is Used to Report a Cutaneous Abscess

question 14

True/False

Code L02.93 is used to report a cutaneous abscess.

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Definitions:

Taxable

Subject to taxation by governmental authorities.

Economic Benefit

The advantage or gain received from resources or actions, typically measured in terms of monetary value.

Exempt

Income, property, or persons not subject to taxation under certain conditions or qualifications.

Itemized Deduction

Itemized Deduction involves listing individual tax deductions for which a taxpayer qualifies, as opposed to taking a standard deduction, to reduce taxable income.