When Coding 44701, It Is Necessary to Add a Modifier

question 22

True/False

When coding 44701, it is necessary to add a modifier -51.

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Definitions:

Asset

Resources owned by a business which have economic value and can be used to meet liabilities.

Board of Directors

The Board of Directors is a group of individuals elected to represent shareholders and oversee the activities and strategic direction of a company.

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and procedures used in the United States to govern financial reporting.