Physician Credentialing Is

question 6

Multiple Choice

Physician credentialing is:

• A) part of the criminal background check.
• B) verification of information that a physician supplies for staff privileges.
• C) voluntary.
• D) time-consuming, costly, and detail-oriented.
• E) both part of the criminal background check and time consuming, costly, and detail oriented.

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Definitions:

Merchandise Inventory

Items that a company holds for the purpose of resale to customers in the ordinary course of business.

Gross Method

An accounting approach for recording purchases at the invoice price without deduction of any cash discounts offered.

Perpetual Inventory System

A strategy for managing inventory accounting that utilizes computerized point-of-sale systems and enterprise asset management software to immediately document sales or purchases.

Accounts Payable

Obligations a business has to its creditors, arising from the purchase of goods and services on credit.