front 1 Which of the following is true about bookkeeping? | back 1 It must be 100 percent accurate. |
front 2 Where are all patient charges and receipts recorded each day? | back 2 Day sheet |
front 3 What term describes the transfer of information from one record to another (this might be an automated process, depending on the electronic system in place)? | back 3 posting |
front 4 The person who records the financial transactions of the business is the: | back 4 bookkeeper |
front 5 What is the term that reflects that the amount paid is less than the total due? | back 5 Debit balance |
front 6 What is the term that reflects that the amount paid is greater than was due, or the account is being paid in advance of service provided? | back 6 Credit balance |
front 7 In the past, which system was exclusively used to record financial transactions? | back 7 pegboard system |
front 8 Which of the following lists the procedures performed in that medical office, with their respective codes? | back 8 Encounter form |
front 9 Which of the following is a record of all charges or services rendered, any payments made by the patient or the insurance carrier, and any adjustments, included with the specific dates of these entries? | back 9 patient ledger |
front 10 What is the term for an authorization by the provider to discount fees to another medical professional, such as a nurse, medical assistant, or other health care providers? | back 10 professional discount |
front 11 When patients are hospitalized but do not have the means to pay for hospital expenses and do not qualify for any government program, many health care organizations will offer: | back 11 charity care. |
front 12 Patient account numbers are also known as: | back 12 . medical record numbers |
front 13 Which of the following comments is appropriate when a patient tells you they are unhappy about their medical costs? | back 13 Let me explain what each of the charges are for. |
front 14 What is the first step in posting a payment to a patient's account? | back 14 Pull up the patient's account on the computerized program. |
front 15 f it appears that the patient will need to pay a substantial sum out of pocket, the medical assistant should discuss with the patient the manner in which payments will be made, ___ patient care. | back 15 prior to receiving |
front 16 hich of the following is true about collecting copayments? | back 16 Copayments should be collected prior to the visit. |
front 17 According to CMS, the provider or supplier who routinely waives Medicare deductibles and co–payments is ___ the actual charge of that service or supply. | back 17 misrepresenting |
front 18 Credit | back 18 a payment subtracted from existing balance, |
front 19 Debit | back 19 a charge added to existing balance |
front 20 Debit balance | back 20 occurs when the amount paid is less than the total due |
front 21 Credit balance | back 21 occurs when the amount paid is greater than was due or the account is being paid in advance of service provided |
front 22 Adjustment | back 22 credit entry made on an account to decrease a balance owed to the medical office |
front 23 Payment | back 23 money received from the patient or insurance carrier for services rendered |
front 24 Charges | back 24 fee for services rendered |
front 25 Accountant | back 25 one who keeps, audits, and inspects the financial records of individuals or businesses |
front 26 Accounts payable | back 26 the total amounts owed by the practice to suppliers and other service providers for regular business operating expenses |
front 27 Account | back 27 record of all transactions made on an individual's financial record that lists debits, credits, and balance |
front 28 Accounts receivable | back 28 all the outstanding accounts (amounts due to the office) |