Accounts Receivable (A/R) Refers to

question 409

Multiple Choice

Accounts Receivable (A/R) refers to

• A) cases that have not yet been paid.
• B) the amount the hospital was paid.
• C) cases that have been paid.
• D) denials that have been returned to the hospital.

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Definitions:

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Non-Current Liabilities

Liabilities not due for settlement within 12 months after the reporting period, often including long-term loans, bonds payable, and lease obligations.

Profit After Tax

The net income earned by a company after all taxes have been deducted from total revenue.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to use and age.