MA 500 week 2

MA 500 week 2

Professional Development

20 Qs

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Assessment

Quiz

Other

Professional Development

Medium

Created by

Nicole Hackett

Used 86+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Term represents Money that is owed to the Medical Office?

Accounts Payable

Revnue

Cash Due

Accounts Receivable

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Term that describes bills that the practice pays for?

Accrual

Accounts Receivable

Accounts Payable

Deductible

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is reason the office keeps a daily journal/bookkeeping system?

To record financial activity

To keep a chronological record of transactions

To keep record of cumulative financial activity

Keep records of an individual patient

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of record is utilized to keep track of all charges for an individual patient?

Patient Statement

Patient Ledger

Patient Medical Record

Daily Journal

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often are charges and payments posted to patient accounts?

Daily

Hourly

Weekly

Monthly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would be an example of the patient receiving a credit?

A patient is charged for an office visit

Patient is given a discount for paying in full at the time of the visit

When the patients charges are sent to the insurance company.

Check is returned by the Bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the charge slip used in the Medical Office?

Receipt

Superbill

Registrar

CMS-Claim Form

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