Blue Cross and Blue Shield Are

question 81

Multiple Choice

Blue Cross and Blue Shield are

• A) Health maintenance organizations (HMO).
• B) Private insurance companies.
• C) Hospital and medical service plans.
• D) Types of Medicare.
• E) Preferred provider organizations (PPO).

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Definitions:

Miscellaneous Accounts

Miscellaneous Accounts are ledger accounts that capture financial transactions not classified under specific account headings, often used for incidental or occasional transactions.

Voucher Register

A record containing details about payment vouchers, including the payee, amount, date, and purpose of each payment.

Voucher Register

A record of all vouchers issued by a business, detailing payments made or to be made for goods or services.

Liabilities

Financial obligations or debts owed by a company to creditors.