Match Each Definition to One of the Following Items

question 38

Multiple Choice

Match each definition to one of the following items.
-ICD-10-CM

• A)Has more than 155,000 members and was started in 1981
• B)Translating diagnoses and procedures into special alphanumeric characters for the purpose of statistically capturing data
• C)Grouping like items together for easy storage and retrieval
• D)To maintain credentials, coders must earn these
• E)Published by the College of American Pathologists, the most up-to-date system of nomenclature
• F)The current coding classification system in use in the United States

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Definitions:

Machine-Hours

A measure of the amount of time machines are run in the production process, used in allocating costs to products.

Manufacturing Overhead

All indirect costs associated with manufacturing, excluding direct materials and direct labor costs.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual units of production, based on estimated costs and activity levels.

Machine-Hours

A measure of the amount of time machines are used in the production process, often related to allocating manufacturing overhead costs.