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If Tests Performed by a Clinical Laboratory Are Classified as Moderately

question 8

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If tests performed by a clinical laboratory are classified as moderately complex, and no highly complex tests are being performed, the following personnel are required by CLIA '88:
1) laboratory director
2) technical consultant
3) clinical consultant
4) testing personnel


Definitions:

Intangible Assets

Intangible assets are non-physical but valuable assets such as intellectual property, brand recognition, and patents, which contribute to a company's value.

Physical Substance

The material or tangible component of an asset, as opposed to intangible assets like patents or copyrights.

Trade-In Allowance

The amount credited to the buyer by the seller for a product being traded in towards the purchase of a new product.

Book Value

Book value is the net value of a company's assets as recorded on the balance sheet, calculated by subtracting liabilities from the total value of assets.

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