Referring to the Information Below, What Type of Data Is

question 96

Multiple Choice

Referring to the information below, what type of data is illustrated?
Coding scheme
Reimbursement Source
1 = Medicare
2 = Medicaid
3 = Blue Cross/Blue Shield
4 = Private Insurance
5 = Self-pay

• A) Categorical data
• B) Numerical data
• C) Textual data
• D) Alphanumerical data

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Definitions:

Discount on Note Payable

The difference between the face value of a note payable and its issue price when the note is sold for less than its face value, effectively acting as an interest expense over time.

Interest Expense

Money that an entity has to pay over time for the privilege of borrowing funds.

Liquidity

The measure of a company's or individual's ability to meet short-term obligations without raising external capital, often reflected by the amount of cash or easily convertible assets.

Operating Cycle

The period of time it takes for a company to purchase inventory, sell it to customers, and collect the cash from the sales.