Which of the Following Would Be a Lag Measure

question 23

Multiple Choice

Which of the following would be a lag measure?

• A)budget forecasts
• B)sales per employee
• C)plant investment
• D)employee training hours

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Definitions:

Electronic Claims

Submission of insurance claims using electronic means, typically through specialized software or web-based services, to expedite processing and reimbursement.

Cost-Efficient

A term describing a process or product that minimizes cost while maximizing effectiveness, often used in financial and operational planning.

Medicare Patient

An individual who is receiving health benefits under the Medicare program, typically for those 65 years and older or with certain disabilities.

Accept Assignment

In healthcare, agreeing to accept the insurance company's payment as full payment for services rendered.