Which of the Following Managed Care Plans Require Preauthorization for Medical

question 33

Multiple Choice

Which of the following managed care plans require preauthorization for medical services such as surgery?

• A) HMOs
• B) PPOs
• C) EPOs
• D) Both A and B
• E) All of the above

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Definitions:

Post-closing Trial Balance

A list of all balances in a company’s ledger accounts after the closing entries are made, serving as a check to ensure debits and credits are balanced at the end of an accounting period.

Operating Cycle

The time it takes for a company to purchase inventory, sell products, and collect cash from customers.

Classified Balance Sheet

A balance sheet that organizes assets and liabilities into subcategories like current and long-term.

Unclassified Balance Sheet

A balance sheet that presents assets and liabilities without categorizing them into long-term or short-term classifications.