Doing an Assessment of the Necessity of Care Before Giving

question 9

Multiple Choice

Doing an assessment of the necessity of care before giving service is:

• A) Concurrent audit
• B) Retrospective audit
• C) Prospective utilization review
• D) Retrospective utilization review

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Definitions:

Insured Bank Account

A bank account protected by a government or private entity against the loss of funds up to a certain amount.

Behavioral Finance

A field of finance that proposes psychology-based theories to explain stock market anomalies and investing behaviors.

Managerial Finance

The branch of finance that focuses on the managerial significance of financial techniques, analysis, and decisions for an organization.

Severe Recession

A prolonged period of economic decline characterized by a significant drop in economic activity, high unemployment, and a contraction in the GDP.