Which of the Following Modifiers Indicates a Professional Component and Is

question 8

Multiple Choice

Which of the following modifiers indicates a professional component and is used when a separate technician performs the service but the provider reviews the report and makes an accurate diagnosis?

• A) -50
• B) -62
• C) -26
• D) -RT, -LT

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Definitions:

Operating Income

The profit realized from a business's core operating activities, excluding costs and revenues from non-operating activities.

Variable Costing

An accounting methodology that only includes variable production costs (costs that change with the level of output) in product costs.

Absorption Costing

An accounting method that includes all of the costs associated with manufacturing a product in the cost of that product.

Operating Income

Earnings before interest and taxes (EBIT), a measure of a company's profitability from its operations.