Question 1

Match each term with its definition.
-Allows providers to enter pre-coded encounter data directly into practice management software during the patient examination

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) G) and L)
N) K) and L)

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) F) and J)
N) A) and I)

Question 3

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) A) and D)
F) A) and C)

Question 4

Match each term with its definition.
-This system involves recording each transaction in two accounts, each of which has two columns

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) H) and L)
N) A) and J)

Question 5

Match each term with its definition.
-Used by some physicians to give patients an idea of the cost for surgery or long-term treatment

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 J)
N) B) and H)

Question 6

The pegboard system is:

Accepted Answer

A)   very time consuming
B)   also called the "write-it-once" system
C)   a one-step system
D)   used in most medical practices todayE) A) and C)
F) A) and D)

Question 7

A professional courtesy discount is an example of a(n) :

Accepted Answer

A)   deposit
B)   overpayment
C)   balance
D)   adjustmentE) B) and D)
F) A) and B)

Question 8

When an entry is made on the daysheet, it is called:

Accepted Answer

A)   crediting
B)   ordering
C)   journalizing
D)   balancingE) None of the above
F) B) and C)

Question 9

Match each term with its definition.
-Establishes guidelines regarding what will occur if an inappropriate disclosure of protected health information (PHI)  takes place

Accepted Answer

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

Question 10

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)  daysheet
E)  accounts receivableF) debitG) creditH) balanceI) debit balanceJ) credit balanceK) Business Associate Agreement (BA
A)  L) charge slipM) A) and F)
N) B) and D)

Question 11

When using the pegboard system, the daysheet does not:

Accepted Answer

A)   hold all of the daily entries
B)   act as a list of patients seen
C)   act as a complete financial record of charges made and payments received
D)   identify the procedures performed on a patient during previous office visitsE) None of the above
F) C) and D)

Question 12

Match each term with its definition.
-Record for each patient that shows charges, payments, and balance due

Accepted Answer

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

Question 13

Match each term with its definition.
-This system, in its most basic form, is similar to a checkbook register

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) I) and J)
N) H) and J)

Question 14

When using practice management software, the procedures indicated on a patient's encounter form should be coded:

Accepted Answer

A)   at the end of each day
B)   at the end of each week
C)   as soon as possible
D)   no more than once a monthE) B) and C)
F) A) and C)

Question 15

Match each term with its definition.
-Discount authorized by a physician for another medical professional, such as a nurse, medical assistant, or physician

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 J)
N) C) and E)

Question 16

Match each term with its definition.
-Anything that holds value which is owned by a business

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 E)
N) A) and F)

Question 17

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) A) and C)
N) F) and K)

Question 18

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)  daysheet
E)  accounts receivableF) debitG) creditH) balanceI) debit balanceJ) credit balanceK) Business Associate Agreement (BA
A)  L) charge slipM) C) and E)
N) E) and H)

Question 19

The process of transferring information from one record to another is called:

Accepted Answer

A)   posting
B)   journalizing
C)   conferring
D)   balancingE) A) and B)
F) None of the above

Question 20

Most financial accounting is based on the _____ method of bookkeeping.

Accepted Answer

A)   single-entry
B)   double-entry
C)   debt balance
D)   credit balanceE) C) and D)
F) A) and B)

Exam 16: The Circulatory System

Match each term with its definition. -Used by some physicians to give patients an idea of the cost for surgery or long-term treatment

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Match each term with its definition. -This system involves recording each transaction in two accounts, each of which has two columns

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When using the pegboard system, the daysheet does not:

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Match each term with its definition. -Anything that holds value which is owned by a business

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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

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Match each term with its definition. -Discount authorized by a physician for another medical professional, such as a nurse, medical assistant, or physician

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Patients should be given a receipt:

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When an entry is made on the daysheet, it is called:

Correct AnswerverifiedShow Answer

Match each term with its definition. -Establishes guidelines regarding what will occur if an inappropriate disclosure of protected health information (PHI) takes place

Correct AnswerverifiedShow Answer

Most financial accounting is based on the _____ method of bookkeeping.

Correct AnswerverifiedShow Answer

Match each term with its definition. -Allows providers to enter pre-coded encounter data directly into practice management software during the patient examination

Correct AnswerverifiedShow Answer

When using practice management software, the procedures indicated on a patient's encounter form should be coded:

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

Match each term with its definition. -Record for each patient that shows charges, payments, and balance due

Correct AnswerverifiedShow Answer

The process of transferring information from one record to another is called:

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

The pegboard system is:

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A professional courtesy discount is an example of a(n) :

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

Correct AnswerverifiedShow Answer

Match each term with its definition. -This system, in its most basic form, is similar to a checkbook register

Correct AnswerverifiedShow Answer

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