On Form Locator 1 of the UB-04 Form, the Provider

question 59

Short Answer

On form locator 1 of the UB-04 form, the provider name, address, and telephone number is:
A)optional.
B)required.
C)not applicable.
D)not required.

• A)optional.
• B)required.
• C)not applicable.
• D)not required.

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Definitions:

Slow Paying

The practice of delaying payments beyond the agreed terms, often indicative of cash flow issues or strategic payment management.

Credit Sales

Sales made by a business where payment is delayed as agreed by both the seller and the buyer.

Spontaneous Financing

Financing that occurs automatically as a firm's operating activities increase, such as trade credit.

Trade Payables

Amounts owed by a company to its suppliers or vendors for goods and services received but not yet paid for.