Which of the Following Statements Is True of Expenses

question 65

Multiple Choice

Which of the following statements is true of expenses?

• A)Expenses increase equity,so an expense account's normal balance is a credit balance.
• B)Expenses decrease equity,so an expense account's normal balance is a credit balance.
• C)Expenses increase equity,so an expense account's normal balance is a debit balance.
• D)Expenses decrease equity,so an expense account's normal balance is a debit balance.

Understand the definitions and functions of various health insurance terms and policies.

Identify the different health care delivery systems and their characteristics.

Recognize the role and implications of managed care in patient care coordination.

Comprehend the process and importance of precertification, preauthorization, and predetermination in health care.

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Definitions:

Thoracic Duct

The thoracic duct is the largest lymphatic vessel in the human body, transporting lymph and chyle from the lymphatic system into the bloodstream.

Right Upper Limb

The segment of the human body that extends from the right shoulder to the fingertips, comprising the arm, forearm, and hand.

Pelvis

The lower part of the torso, in the human body, encasing the reproductive organs and part of the bowel.

Efferent

Relating to nerve fibers that carry impulses away from the central nervous system to effectors, such as muscles and glands.