The Amount of Time Between the Recognition That an Order

question 127

Multiple Choice

The amount of time between the recognition that an order needs to be placed and the arrival of the needed merchandise at the seller's store to be available for sale is referred to as

• A) quick time.
• B) an advanced shipping notice.
• C) lead time.
• D) float time.
• E) supply chain conflict time.

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Definitions:

Real-Time Adjudication

The immediate processing and payment determination of healthcare claims during the point-of-service.

Electronic Eligibility

The use of digital systems to verify a person's eligibility for certain benefits or services, such as healthcare coverage.

Copayment

A fixed amount paid by a patient for a covered healthcare service, usually payable at the time of the service.

Out-Of-Network Services

Health care services received from providers not contracted with the patient's health insurance plan, often resulting in higher out-of-pocket costs.