Match the Type of Insurance Claim with the Correct Description

question 58

Multiple Choice

Match the type of insurance claim with the correct description.

-An insurance claim that requires investigation and needs further clarification.

• A)Clean claim
• B)Dirty claim
• C)Electronic claim
• D)Incomplete claim
• E)Invalid claim
• F)Paper claim
• G)Pending claim
• H)Rejected claim

---

Definitions:

Miscellaneous Expenses

Costs that are not consistently categorized among the standard costs for operation of a business, often minor in scope and irregular in occurrence.

Rent Expense

Rent Expense is the cost incurred by a company for using a property or equipment for business operations, which is recognized on the income statement.

Continuous Budgets

Budgets that are continuously updated by adding a new budget period as the last one is completed, thus always having a full period's financial plan.

Communicating Objectives

The process of clearly and effectively sharing goals and targets with relevant stakeholders or team members.