Which of the Following Yields the Standard Direct Material Cost

question 46

Multiple Choice

Which of the following yields the standard direct material cost?

• A)Multiplying the standard price of direct materials by the standard quantity for direct materials
• B)Adding the standard price of direct materials to the standard quantity for direct materials
• C)Multiplying the actual price of direct materials by the actual quantity for direct materials
• D)Adding the actual price of direct materials to the actual quantity for direct materials

Identify and apply the general rules for assigning CPT and ICD codes.

Comprehend the classification and indexing of diseases, injuries, health factors, and external causes within ICD-9-CM.

Recognize the appendices in the ICD-9-CM manual and their applications.

Understand the objectives behind the development of ICD-10-PCS and the benefits of ICD-10-CM for coding accuracy.

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Definitions:

Clan Control

The influence of behavior through norms and expectations set by the organizational culture.

Collective Identity

The shared sense of belonging to a group, which shapes the members' perceptions, actions, and interactions within the group.

Power

The capacity or ability of individuals or organizations to direct or influence the behavior of others or the course of events.

Bureaucratic Control

The influence of behavior through authority, policies, procedures, job descriptions, budgets, and day-to-day supervision.