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Many Managed-Care Plans Try to Reduce Costs Over the Long

question 80

True/False

Many managed-care plans try to reduce costs over the long term by paying for routine preventive care.

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Definitions:

Direct Method

A method of preparing the cash flow statement where actual cash flow information from the company's operations is used, as opposed to indirect method adjustments.

Operating Cash Receipts

Money received by a company from its operational activities, such as sales of goods or services.

Accumulated Depreciation

The total amount of depreciation expense recorded for an asset, reducing its book value over time.

Equipment Costing

The process of tracking and analyzing the costs associated with the purchase and maintenance of equipment.

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