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Exam (elaborations)

ACCA FA disclosure

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Which of the following best describes the purpose of disclosure notes in the financial statements? -correct answer_To provide more detail for the users of financial statements about the information in the statement of financial position and statement of profit or loss and other comprehensive income. For which class or classes of assets should a company disclose in the notes to the financial statements a reconciliation of the opening carrying amount to the closing carrying amount, showing the movements in the period? -correct answer_2 Intangible assets 3 Tangible non-current assets 3 Which of the following should be disclosed in the note to the financial statements for inventories? -correct answer_The amount of inventories carried at net realisable value The accounting policies adopted in measuring inventories Which of the following should be disclosed in the note to the financial statements for intangible assets? -correct answer_The method of amortisation used A reconciliation of the carrying amount at the beginning and end of the period The useful life of the assets Which of the following statements is/are correct? -correct answer_IAS 37 requires disclosure in the notes to the financial statements of the uncertainties affecting the outcome of a provision IAS 10 requires disclosure of the nature and financial effect of a non-adjusting event after the reporting period in the notes to the financial statements A brief description of its nature (i

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MEDICAL BILLING & CODING
CPT -correct answer_CURRENT PROCEDURAL TERMINOLOGY CPT IS PUBLISHED BY
-correct answer_(AMA) AMERICAN AMERICAN MEDICAL ASSOCIATION CPT HAS SIX
SECTIONS -correct answer_1.Evaluation and Management codes starts with 99201 - 9999. 2.
Anesthesia is 01001 - 09999. 3. Surgery is 10010 - 69999. 4. Radiology is 70010 - 79999. 5.
Lab/Test is 81000 - 89999. 6. Medicare is 90090 - 90999 CPT CODES ARE USED FOR
-correct answer_SERVICE AND PROCEDURES/ ALSO WHERE PATIENT IS GOING AND
WHAT DOCTOR IS DOING. CPT -correct answer_ONLY HAS 5 DIGITS IN THERE CODE
PCP -correct answer_Primary Care Physician PPO -correct answer_Preferred Provider
Organization EPO -correct answer_Exclusive Provider Organization HMO -correct
answer_Health Maintenance Organization DME -correct answer_Durable Medical Equipment
CHF -correct answer_CONGESTIVE HEART FAILURE UTI -correct answer_Urinary Tract
Infection URI -correct answer_UPPER RESPIRATORY INFECTION NP -correct answer_NEW
PATIENT OP -correct answer_OUT-PATIENT EMC -correct answer_ELECTRONIC MEDICAL
CLAIM EDI -correct answer_ELECTRONIC DATA INTERCHANGE EIN NUMBER -correct
answer_An Employer Identification Number (EIN) is also known as a Federal Tax Identification
Number, and is used to identify a business entity. SOB -correct answer_SHORTNESS OF
BREATH SOF -correct answer_SIGNATURE ON FILE SOAP -correct answer_Subjective,
Objective, Assessment, Plan CMS -1500 -correct answer_CENTERS FOR MEDICARE &
MEDICAID SERVICE HCFA -correct answer_Health Care Financing Administration CBCS
-correct answer_Certified Billing and Coding Specialist MR -correct answer_(Magnetic
Resonance Imaging MR NUMBER -correct answer_Medical Record Number used for patient
ID EOB -correct answer_Explanation of Benefits RA -correct answer_REMITTANCE ADVICE
NPI -correct answer_National Provider Identifier CMAA -correct answer_Certified Medical
Administrative Assistant WORKERS COMPENSATION -correct answer_A form of insurance
paid by the employer providing cash benefits to workers injured or disabled in the course of
employment. MEDICARE PARTS -correct answer_Medicare: Part A, Part B, Part C, & Part D.
Part A covers hospital Insurance. Part B covers Medical Insurance Physician visits and Out
patient procedures. Part D Covers Prescription ICD-9 CODES -correct answer_International
Classification of Disease Codes E, CODES -correct answer_Codes reported to identify how an
injury occurred and the location when it occurred. V, CODES -correct answer_A
sub-classification of ICD-9-CM coding used to identify health care encounters that occur for
reasons other than illness or injury and to identify patients whose injury or illness is influenced
by special circumstances or problems. HIPAA -correct answer_Health Insurance Portability
and Accountability Act of 1996 HIPAA PROCEDURE CODES -correct answer_COVER
BROAD ARRAY OF HEALTH-CARE SERVICES AND PROCEDURES DRG -correct
answer_Diagnosis Related Group. Used only with Medicare and Inpatient stay. CPT
SYMBOLS -correct answer_BULLET, PLUS SIGN TO ADD CODE, TRIANGLE TO REVISED
CODE, TWO TRIANGLE SIDE BY SIDE, IS DESCRIPTION CHANGE. PAR -correct

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