An Unauthorized Signature Will NOT Necessarily Bind the Person Whose

question 66

True/False

An unauthorized signature will NOT necessarily bind the person whose name is forged.

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Definitions:

Outsourced Billing

The practice of hiring an external company to manage the invoicing and collection of payments for healthcare services.

Accounts Payable

The amounts owed by an organization to creditors for goods and services received but not yet paid for.

Licensing

The process of granting legal permission to individuals or organizations to carry out certain activities or professions.

Financial Responsibility

Refers to the obligation to manage resources, including money, assets, and debts, in an effective and efficient manner.