In Which of the Following Ways Do PPOs Differ from HMOs

question 71

Multiple Choice

In which of the following ways do PPOs differ from HMOs?

• A)HMOs provide benefits on a prepaid basis.
• B)PPOs focus on preventive measures and outpatient care.
• C)PPOs aim at providing high-quality health services at high costs.
• D)HMOs contract directly with employees.
• E)Physicians are paid on a flat salary basis in PPOs.

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Definitions:

Posting

The process of recording financial transactions in the ledger from the journal in accounting.

Journalized Transactions

The formal recording of financial transactions in the accounting journals as part of the double-entry bookkeeping system.

Ledger Accounts

Records within a ledger that show the transaction history and current balance of each account.

Owner's Drawings Account

An account that tracks the amount of money a business owner withdraws from the company for personal use.