Which of the Following Is True About the National Provider

question 4

Multiple Choice

Which of the following is true about the National Provider Identifier?

• A) It encodes the provider's name, provider type, specialty, and state.
• B) It is comprised of 12 alphanumeric characters.
• C) It correlates only to the provider's name.
• D) Its full implementation will occur in 2015.

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Definitions:

Cost of Goods Sold

The total direct costs attributed to producing goods, including materials and labor, which are sold during a certain period.

Total Asset Turnover

A financial ratio that measures a company’s effectiveness in using its assets to generate sales revenue.

Inventory Turnover

A ratio that shows how many times a company's inventory is sold and replaced over a specified period, indicating the efficiency of inventory management.

Operating Cycle

The amount of time it takes for a business to purchase inventory, sell products, and receive cash in exchange for those products, reflecting the efficiency of a company's cash flow.