A System That First Accumulates Overhead Costs for Each of the Activities

question 115

Short Answer

A system that first accumulates overhead costs for each of the activities of an organization, and then assigns the costs of activities to the products, services, or other cost objects that caused that activity.

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Definitions:

Correct Code

In medical billing, the accurate numerical or alphanumerical representation of a diagnosis, treatment, or procedure.

Anomaly

An abnormality or deviation from the normal or expected pattern, often identified through diagnostic processes.

Congenital

A condition or trait present from birth, which can result from genetic factors or environmental influences during pregnancy.

Malformation

An abnormality in the formation, shape, or structure of a part of the body, often present from birth.