Upcoding Is

question 4

Multiple Choice

Upcoding is:

• A)hospital room charges that are reasonable but other charges are very high.
• B)a procedure where one service is divided into many services and billed accordingly.
• C)services that never happened.
• D)services designated so that maximum fees can be charged.

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Definitions:

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, facilitating beneficial trade and specialization.

Absolute Advantage

The ability of a party to produce more of a good or service than competitors, using the same amount of resources.

Free Trade

The absence of tariffs, quotas, or other governmental restrictions on international trade, allowing goods and services to move freely across borders.

Opportunity Cost

Signifies the advantages that a person, investor, or company forgoes by selecting one option instead of another.