Knowingly Making False Statements in a Loan Application to a Federally

question 58

Multiple Choice

Knowingly making false statements in a loan application to a federally insured bank:

• A) is a form of embezzlement
• B) is a federal crime.
• C) is a crime in the state the bank operates in.
• D) all of the above.

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Definitions:

Denied Claims

Insurance claims that are refused or not approved for payment by insurance companies.

Plus Sign (+)

A mathematical symbol indicating addition or a positive value.

Add-On Codes

Codes used in medical billing to indicate additional procedures or services that are performed alongside a primary service.

HCPCS Level II Codes

Codes that cover many supplies such as sterile trays, drugs, and durable medical equipment; also referred to as national codes. They also cover services and procedures not included in the CPT.