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With the Use of the Surgery Guidelines in the CPT

question 16

Multiple Choice

With the use of the Surgery Guidelines in the CPT manual, match the following information to the heading under which it appears:
-Supplied Materials


Definitions:

Net Operating Income

The profit generated from a business's operations after subtracting operating expenses from operating revenues.

Variable Costing

A method of costing that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of a unit of product.

Absorption Costing

An accounting method that includes all manufacturing costs - direct labor, direct materials, and overhead - in the cost of a product.

Net Operating Income

A company's revenue minus its operating expenses, not including taxes and interest.

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