An Audit to Determine Whether an Entity Is Following Specific

question 60

Multiple Choice

An audit to determine whether an entity is following specific procedures or rules set down by some higher authority is classified as a(n)

• A) audit of financial statements.
• B) compliance audit.
• C) operational audit.
• D) production audit.

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Definitions:

Indemnity-Type Insurance

A form of insurance where the insurer compensates the insured for losses in exchange for premiums paid, without providing the service directly.

Referral for Patient Care

The process by which a healthcare provider sends a patient to another specialist or service for further examination or treatment.

Primary Care Provider (PCP)

A healthcare professional who serves as the first point of contact for patients, offering general medical care, preventive measures, and referral to specialists.

Verification of Eligibility

The process of confirming whether an individual meets the criteria to participate or receive benefits from a particular government, insurance, or service program.