CPB (Certified Professional Biller) Certification Practice Exam

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Which act is known by the abbreviation FCA in the billing and coding field?

First Claims Assessment
False Claims Act
Federal Claims Authorization
Financial Control Act

The correct answer is: False Claims Act

The abbreviation FCA in the billing and coding field stands for the False Claims Act. This act is a significant piece of legislation that helps combat fraud and abuse in government programs, including healthcare. The False Claims Act imposes liability on individuals and companies that defraud governmental programs, which is particularly relevant for medical billing and coding professionals who must ensure that claims submitted for reimbursement are accurate and truthful. Violating this act can lead to severe penalties, making it crucial for billers and coders to understand and comply with its provisions to avoid legal repercussions. The other options do not correspond to commonly recognized laws or regulations in the billing and coding context, making them less relevant in the scope of healthcare billing practices and compliance.