Home Health Aide Services Fall into Three Main Categories: Personal

question 5

Multiple Choice

Home health aide services fall into three main categories: personal care,physical assistance,and household chores.Medicare will not cover visits made solely for:

• A) physical assistance.
• B) physician orders.
• C) personal care.
• D) household chores.

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Definitions:

Formed Corporation

A business entity that is legally created and registered under state law, offering liability protection to its owners.

Transaction

An agreement or exchange between two parties involving goods, services, or financial assets.

Schedule L

Used to provide additional details on financial status or transactions not captured in the main tax form; no longer in general use for most taxpayers.

Accounting Method

The systematic approach to recording and reporting financial transactions for a business, determining how income and expenses are recorded and recognized.