Which of the Following Firms Would Make Extensive Use of Service

question 88

Multiple Choice

Which of the following firms would make extensive use of service costing?

• A)auto manufacturer
• B)furniture manufacturer
• C)auto dealer
• D)CPA firm

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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.