Which of the Following Is NOT a Common Misconception About

question 4

Multiple Choice

Which of the following is NOT a common misconception about financial planning?

• A)A professional financial planner is an unnecessary expense.
• B)A little credit card debt is fine.
• C)You don't need a budget if you have a general idea of what you earn and spend.
• D)Retirement is a lifetime away.
• E)A second income doesn't add as much as expected to the bottom line.

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Definitions:

Temporary Codes

Codes assigned for a limited period or for specific situations that do not have permanent classification codes.

Third-Party Payers

Entities (usually insurance companies or government programs) that pay for healthcare services on behalf of beneficiaries.

Procedure Documented

A written record that outlines the specific steps or methods to be followed in order to perform a task or process correctly.

Modifier

Changes; limits the meaning; inform third-party payers that circumstances for that particular code have been altered.