The Conversion of Diagnostic Coding from ICD-9s to ICD-10s Will

question 7

True/False

The conversion of diagnostic coding from ICD-9s to ICD-10s will be very helpful for the thousands of coding personnel as the possible choices will decrease exponentially.

Understand the classification of costs as product or period costs and their impact on financial statements.

Recognize the characteristics and requirements of managerial accounting reports versus financial accounting reports.

Understand the importance of managerial accounting in planning, controlling, and decision making.

Identify the different phases of the management process and the role of managerial information in these phases.