Who Was the Large Business Owner Who Introduced Modern Mass

question 65

Multiple Choice

Who was the large business owner who introduced modern mass production and the use of assembly lines in the early 1900s?

• A)Henry Ford
• B)Frederick Taylor
• C)Karl Marx
• D)George Ritzer

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Definitions:

Billing Date

The specific date on which a bill or invoice is generated, indicating when a payment cycle starts or ends.

Claims Electronically

The submission of insurance claims or healthcare billing information using electronic systems.

Claims Manually

The process of submitting and processing insurance claims by hand or without the aid of automated systems.

Explanation of Benefits (EOB)

A printed description of the benefits provided by the insurer to the beneficiary; provides information to the patient about how an insurance claim from a health provider (such as a physician or hospital) was paid on his or her behalf.