The Two Most Important Categories of Assets on the Fed's

question 212

Multiple Choice

The two most important categories of assets on the Fed's balance sheet are ________ and ________ because they earn interest.

• A)discount loans;coins
• B)securities;discount loans
• C)gold;coins
• D)cash items in the process of collection;SDR certificate accounts

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Definitions:

Copayments

A fixed amount paid by a patient for a covered healthcare service, usually when receiving the service, with the rest covered by their insurance.

Primary Payer

The insurance policy, plan, or program that is responsible for paying first on a claim for medical services before any other secondary coverage is considered.

Work-sponsored Insurance

Insurance coverage provided by an employer, often including health, dental, and life insurance benefits.

Electronic Claim Submissions

The process of sending patient treatment and billing information to insurance companies or payers using electronic means to facilitate faster processing and payment.