Question 1

Match each term with its definition.
-Utilizes an actual board to which the day sheet,ledger,and encounter form are attached

Accepted Answer

A)  electronic health records software
B)  pegboard system
C)  cash control sheet
D)  trial balance
E)  assetsF) single-entry bookkeeping systemG) double-entry bookkeeping systemH) fully integrated ledger systemI) garbage in,garbage outJ) cost estimate sheetK) office policyL) professional discountM) B) and G)
N) C) and K)

Question 2

Match each term with its definition.
-Process of running a total of balances on all the active patient ledger records

Accepted Answer

A)  electronic health records software
B)  pegboard system
C)  cash control sheet
D)  trial balance
E)  assetsF) single-entry bookkeeping systemG) double-entry bookkeeping systemH) fully integrated ledger systemI) garbage in,garbage outJ) cost estimate sheetK) office policyL) professional discountM) All of the above
N) F) and G)

Question 3

Match each term with its definition.
-All of the amounts due to the office

Accepted Answer

A)  bookkeeper
B)  accountant
C)  account
D)  day sheet
E)  accounts receivableF) debitG) creditH) balanceI) debit balanceJ) credit balanceK) Business Associate Agreement (BA
A)  L) charge slipM) A) and D)
N) F) and H)

Question 4

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Garbage in,garbage out: After data has been entered in the system,the output is automatically obtained

Accepted Answer

A)  ​advantage
B)  disadvantageC) A) and B)
D) undefined

Question 5

Match each term with its definition.
-Total amount of cash and checks should be recorded on this when using a manual method of bookkeeping

Accepted Answer

A)  electronic health records software
B)  pegboard system
C)  cash control sheet
D)  trial balance
E)  assetsF) single-entry bookkeeping systemG) double-entry bookkeeping systemH) fully integrated ledger systemI) garbage in,garbage outJ) cost estimate sheetK) office policyL) professional discountM) E) and K)
N) A) and D)

Question 6

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Information may be accessed almost instantly and made available to different users in different locations at the same time

Accepted Answer

A)  ​advantage
B)  disadvantageC) A) and B)
D) undefined

Question 7

Match each term with its definition.
-Another name for an encounter form

Accepted Answer

A)  bookkeeper
B)  accountant
C)  account
D)  day sheet
E)  accounts receivableF) debitG) creditH) balanceI) debit balanceJ) credit balanceK) Business Associate Agreement (BA
A)  L) charge slipM) A) and B)
N) I) and K)

Question 8

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Power failure,computer viruses,and hackers are possible problems when using computerized systems

Accepted Answer

A)  ​advantage
B)  disadvantageC) A) and B)
D) undefined

Question 9

Match each term with its definition.
-Indicates that the amount paid is greater than was due or that the account is being paid in advance of service provided

Accepted Answer

A)  bookkeeper
B)  accountant
C)  account
D)  day sheet
E)  accounts receivableF) debitG) creditH) balanceI) debit balanceJ) credit balanceK) Business Associate Agreement (BA
A)  L) charge slipM) K) and L)
N) E) and F)

Question 10

When an entry is made on the day sheet,it is called:

Accepted Answer

A)   crediting
B)   ordering
C)   journalizing
D)   balancingE) A) and B)
F) A) and C)

Question 11

​For many patients and staff members,discussing the subject of money owed is touchy and uncomfortable.Which of the following statements would not be considered a professional way to discuss collections?

Accepted Answer

A)   ​"Co-payment is expected at the time of service" or "Your office visit will be approximately $______.For your convenience we accept cash,checks,and credit card."
B)   For the patient checking in at the front desk: "You have not paid your prior balance.Your account will be sent to collections if not paid in full today."
C)   ​For patients checking out: "Your charges for today's office visit are $______.Would you like to pay by cash,check,or credit card?" or "I see your deductible has been met and/or insurance pays 80%.Your portion of the bill comes to $_______.Would you like to pay by cash,check,or credit card?"
D)   ​For a patient procedure: "I have an estimate of your costs for your procedure scheduled next week.Co-payment is expected at the time of service.May I help in making payment arrangements?"E) A) and B)
F) A) and C)

Question 12

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Ability to prepare financial statements directly from the accounts

Accepted Answer

A)  ​advantage of double-entry system over the single-entry system
B)  ​characteristic of the single-entry systemC) A) and B)
D) undefined

Question 13

Discounts must generally be authorized by the:

Accepted Answer

A)   provider
B)   clinical medical assistant
C)   administrative medical assistant
D)   patientE) B) and D)
F) B) and C)

Question 14

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Detection of errors and fraud are more visible

Accepted Answer

A)  ​advantage of double-entry system over the single-entry system
B)  ​characteristic of the single-entry systemC) A) and B)
D) undefined

Question 15

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Inclusion of assets and liabilities in bookkeeping accounts

Accepted Answer

A)  ​advantage of double-entry system over the single-entry system
B)  ​characteristic of the single-entry systemC) A) and B)
D) undefined

Question 16

Match each term with its definition.
-With this system,when a business transaction is input into a computer,it is recorded or linked to a number of different accounting records at the same time

Accepted Answer

A)  electronic health records software
B)  pegboard system
C)  cash control sheet
D)  trial balance
E)  assetsF) single-entry bookkeeping systemG) double-entry bookkeeping systemH) fully integrated ledger systemI) garbage in,garbage outJ) cost estimate sheetK) office policyL) professional discountM) C) and I)
N) A) and E)

Question 17

Patients should be given a receipt:

Accepted Answer

A)   when they pay by check
B)   when they charge the bill to a credit card
C)   only when they pay in cash
D)   when they make payment in any formE) None of the above
F) B) and C)

Question 18

In the past,the ____ system was exclusively used to record financial transactions.

Accepted Answer

A)   checking
B)   computerized
C)   pegboard
D)   investmentE) All of the above
F) A) and B)

Question 19

Match each term with its definition.
-Indicates that the amount paid is less than the total due

Accepted Answer

A)  bookkeeper
B)  accountant
C)  account
D)  day sheet
E)  accounts receivableF) debitG) creditH) balanceI) debit balanceJ) credit balanceK) Business Associate Agreement (BA
A)  L) charge slipM) A) and D)
N) C) and I)

Question 20

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once.
-​Account calculations are performed automatically for greater accuracy

Accepted Answer

A)  ​advantage
B)  disadvantageC) A) and B)
D) undefined

Exam 30: Patient Accounts

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -​Power failure,computer viruses,and hackers are possible problems when using computerized systems

Correct AnswerverifiedShow Answer

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -​Account calculations are performed automatically for greater accuracy

Correct AnswerverifiedShow Answer

Discounts must generally be authorized by the:

Correct AnswerverifiedShow Answer

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -​Detection of errors and fraud are more visible

Correct AnswerverifiedShow Answer

Match each term with its definition. -Indicates that the amount paid is greater than was due or that the account is being paid in advance of service provided

Correct AnswerverifiedShow Answer

Match each term with its definition. -All of the amounts due to the office

Correct AnswerverifiedShow Answer

In the past,the ____ system was exclusively used to record financial transactions.

Correct AnswerverifiedShow Answer

​For many patients and staff members,discussing the subject of money owed is touchy and uncomfortable.Which of the following statements would not be considered a professional way to discuss collections?

Correct AnswerverifiedShow Answer

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -​Garbage in,garbage out: After data has been entered in the system,the output is automatically obtained

Correct AnswerverifiedShow Answer

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -​Ability to prepare financial statements directly from the accounts

Correct AnswerverifiedShow Answer

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -​Information may be accessed almost instantly and made available to different users in different locations at the same time

Correct AnswerverifiedShow Answer

Match each term with its definition. -Process of running a total of balances on all the active patient ledger records

Correct AnswerverifiedShow Answer

Match each term with its definition. -With this system,when a business transaction is input into a computer,it is recorded or linked to a number of different accounting records at the same time

Correct AnswerverifiedShow Answer

Patients should be given a receipt:

Correct AnswerverifiedShow Answer

​Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -​Inclusion of assets and liabilities in bookkeeping accounts

Correct AnswerverifiedShow Answer

Match each term with its definition. -Another name for an encounter form

Correct AnswerverifiedShow Answer

Match each term with its definition. -Total amount of cash and checks should be recorded on this when using a manual method of bookkeeping

Correct AnswerverifiedShow Answer

When an entry is made on the day sheet,it is called:

Correct AnswerverifiedShow Answer

Match each term with its definition. -Utilizes an actual board to which the day sheet,ledger,and encounter form are attached

Correct AnswerverifiedShow Answer

Match each term with its definition. -Indicates that the amount paid is less than the total due

Correct AnswerverifiedShow Answer

Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -Power failure,computer viruses,and hackers are possible problems when using computerized systems

Correct Answer
verified

Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -Account calculations are performed automatically for greater accuracy

Correct Answer
verified

Correct Answer
verified

Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -Detection of errors and fraud are more visible

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

For many patients and staff members,discussing the subject of money owed is touchy and uncomfortable.Which of the following statements would not be considered a professional way to discuss collections?

Correct Answer
verified

Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -Garbage in,garbage out: After data has been entered in the system,the output is automatically obtained

Correct Answer
verified

Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -Ability to prepare financial statements directly from the accounts

Correct Answer
verified

Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -Information may be accessed almost instantly and made available to different users in different locations at the same time

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Identify whether the following description is an advantage of the double-entry bookkeeping system over the single-entry system.Note: Answers may be used more than once. -Inclusion of assets and liabilities in bookkeeping accounts

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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