Chat with AI
Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910 Exercise 73
What is a contractual adjustment
a.An increase in a patient's charges caused by revisions in the billing process utilized by a health care entity.
b.A year-end journal entry to recognize all of a health care entity's remaining receivables.
c.A reduction in patient service revenues caused by agreements with third-party payors that allows them to pay a health care entity based on their determination of reasonable costs.
d.The results of a cost allocation system that allows a health care entity to determine a patient's cost by department.
a.An increase in a patient's charges caused by revisions in the billing process utilized by a health care entity.
b.A year-end journal entry to recognize all of a health care entity's remaining receivables.
c.A reduction in patient service revenues caused by agreements with third-party payors that allows them to pay a health care entity based on their determination of reasonable costs.
d.The results of a cost allocation system that allows a health care entity to determine a patient's cost by department.
Explanation
Verified
Verified
A contractual adjustment is an adjustmen...
Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
