If a Coder Is Unable to Locate a Code That

question 45

True/False

If a coder is unable to locate a code that describes the exact service provided, it is acceptable to use a code that approximates the service provided.

---

Definitions:

Paid-In Capital

Paid-in capital is the amount of money that a company has received from shareholders in exchange for shares of stock, exceeding the par or stated value of the shares.

Retained Earnings

The part of net earnings kept by the company instead of being paid out to its shareholders in the form of dividends.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares, rather than cash, based on the proportion of shares already held.

Common Stock

A type of equity security that represents ownership in a corporation, giving shareholders the right to vote on corporate matters and receive dividends.