Refers to the Steps Involved in Processing a Claim That

question 52

Short Answer

refers to the steps involved in processing a claim that result in payment or denial of the claim.

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Definitions:

Cash Overage

A situation where the actual cash on hand exceeds the expected amount, often due to accounting errors or unrecorded transactions.

Cash Receipts

The collection of money (currency, checks, or electronic transfers) received by a business from its various sources.

Cash Payments

Transactions involving the transfer of cash from one entity to another, typically in exchange for goods or services.