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Read the Following Excerpt from a Patient's Health Record: Plan

question 94

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Read the following excerpt from a patient's health record: Plan: Patient has already had an emergent coronary arteriography, which showed three stenotic vessels. I have recommended CABG over percutaneous catheterization due to three-vessel involvement, and the patient agrees.
According to the information in this patient's health record, which of the following statements is NOT true?

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Definitions:

Cash Receipts

The total amount of money, including cash, checks, and credit card payments, received by a business during a given period.

Internal Control Procedures

Processes implemented by a company to ensure integrity of financial and accounting information, promote accountability, and prevent fraud.

GAAP

GAAP stands for Generally Accepted Accounting Principles, which are standardized guidelines and practices for financial accounting and reporting in the U.S.

IFRS

International Financial Reporting Standards, a set of accounting guidelines that provide a global framework for businesses to prepare and disclose their financial statements.

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