Identify the Choice That Best Completes the Statement or Answers

question 36

Multiple Choice

Identify the choice that best completes the statement or answers the question.
-The policy of disclosing the "minimum necessary" e-PHI addresses

• A)those who bill health claims only.
• B)authorizing personnel to view PHI.
• C)information sent to a health plan for reimbursement.
• D)all clinical staff when treating a patient.

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Definitions:

Ending Balance

The final amount in an account at the end of a period, reflecting all transactions.

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company. This includes the cost of the materials and labor directly used to create the good.

Standard Cost Variances

Differences between the expected (standard) costs of a product or service and the actual costs incurred.

Standard Cost System

A cost accounting system that uses cost standards for prices and quantities to control costs.