Residual Value Is Also Known as Depreciable Cost

question 143

True/False

Residual value is also known as depreciable cost.

---

Definitions:

Medical Decision Making

The process by which healthcare professionals arrive at a diagnosis or treatment plan based on patient information, clinical evidence, and professional judgment.

Vaccine Injection

The administration of a vaccine through a needle introduced into the body to stimulate an individual's immune system against disease.

Procedure Codes

Numeric or alphanumeric codes used to identify specific health care services for billing and documentation.

HCPCS Level II

A standardized coding system used in the United States to classify healthcare services, supplies, and procedures not covered by the standard medical coding system.