The Rate Established Prior to the Beginning of a Period

question 65

Multiple Choice

The rate established prior to the beginning of a period that uses estimated overhead and an allocation factor such as estimated direct labor,and that is used to assign overhead cost to jobs,is the:

• A)Predetermined overhead rate.
• B)Overhead variance rate.
• C)Estimated labor cost rate.
• D)Chargeable overhead rate.
• E)Miscellaneous overhead rate.

---

Definitions:

ICD-10-CM Manual

A clinical cataloging system provided by the World Health Organization used for classifying diseases, signs and symptoms, abnormal findings, complaints, and external causes of injury or diseases.

ICD-10-CM

International Classification of Diseases, Tenth Revision, Clinical Modification, a system used by healthcare providers to classify and code all diagnoses, symptoms, and procedures recorded in conjunction with hospital care in the U.S.

Diagnoses

The identification of the nature and cause of a health condition based on its symptoms and diagnostic tests.

Diagnosis Codes

Systematic codes used to categorize and identify diseases, disorders, symptoms, and medical conditions for clinical and health management purposes.