Which of the Following Formulas Is Incorrect

question 68

Multiple Choice

Which of the following formulas is incorrect?

• A) Invoice price = dirty price
• B) Clean price = dirty price - accrued interest
• C) Accrued interest = coupon amount ×
• D) Cash price = clean price + accrued interest

---

Definitions:

Client

In healthcare, this refers to a person who is under the care or treatment of a professional or an institution.

Mnemonic

A device such as a pattern of letters, ideas, or associations that assists in remembering something.

Documentation

The process of systematically recording, retaining, and managing patients’ personal and health information in healthcare.

Charting

The process of making entries into a patient's medical record to document the care and treatment provided.