Which of the Following Are the Two Basic Elements to Consideration

question 3

Multiple Choice

Which of the following are the two basic elements to consideration?

• A) Bargained-for exchange and legal sufficiency.
• B) Legal detriment and legal benefit.
• C) Legal sufficiency and legal adequacy.
• D) Promise and forbearance.

Recognize the processes involved in managing uncollectable accounts and the role of collection agencies.

Identify various billing systems used in medical offices, including pegboard and double-entry systems.

Understand financial responsibilities in a medical setting, including payroll and the financial responsibilities of a patient or guardian.

Comprehend the laws and regulations affecting telephone solicitation and patient financial agreements.

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