With Respect to Medicare Insurance,type a Coverage Refers To

question 18

Multiple Choice

With respect to Medicare insurance,type A coverage refers to:

• A)inpatient treatment.
• B)very hyperactive patients.
• C)outpatient treatment.
• D)automobile coverage.

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Definitions:

Revenue

Income generated from normal business operations and includes discounts and deductions for returned merchandise.

Accounts Payable

Liabilities of a business that represent amounts owed to creditors for goods and services received but not yet paid for.

Credit Entries

Entries made on the right side of an account in double-entry bookkeeping, indicating an increase in liabilities, revenue, or equity, or a decrease in assets.

Revenues

The total income generated by a company from its normal business activities, often from the sale of goods and services to customers.