Which Administrative Function Related to Medical Records Management May Be

question 13

Multiple Choice

Which administrative function related to medical records management may be made easier by the use of informatics?

• A)Tracking client outcomes
• B)Making sure charts are coded correctly
• C)Ordering materials and supplies
• D)Assigning a client to a hospital room

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Definitions:

Compounding

Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.

Time Period

A length or duration of time during which events occur or conditions exist, often used in financial contexts to specify the term of analysis or investment.

Present Value

Present value denotes the current valuation of a prospective sum of money or sequence of cash flows, based on a predefined rate of return.