What Is the Correct Way to Modify a Medical Record

question 18

Multiple Choice

What is the correct way to modify a medical record?

• A) Use white out
• B) Scratch out the error and have the physician initial it
• C) Put one line through the error and write the correct data near it
• D) Black out the error and indicate the time

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Definitions:

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and practices used in the preparation of financial statements in the United States.

Cash Flow Statement

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.

Nonfinancial Firms

Companies that primarily deal in products and services rather than financial instruments and markets, such as manufacturing, retail, and technology firms.

Acquisitions

The process by which one company purchases most or all of another company's shares to gain control of that company.