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Def test #2 204 off
| Term | Definition |
|---|---|
| Accounts Payable | Expenses and disbursement paid out from a business |
| Carrier | The insurance company that pays the claims and collects premiums |
| Change Fund | Fixed amount of cash |
| Coordination of Benefits | Coordinating insurance coverage between toe insurance carriers |
| Customary Fee | A fee that is within the range of the usual fee charged for the service |
| Disbursements | Payments on any outstanding accounts payable |
| Expenses | The overhead costs of a business that must be paid to keep operating |
| Fixed Overhead | Business expenses that are ongoing |
| Invoice | An itemized list of good that specifies the prices and terms of sale |
| Packing Slip | An itemized listing of shipped goods |
| Payee | The person (or business) named on the check as the recipient of the amount shown |
| Petty Cash Fund | A limited amount of cabs that is kept on hand for small daily expenses |
| Provider | The dentist who provides treatment to the patient |
| Reasonable Fee | A fee that is considered justified for an extensive or complex treatment |
| Responsible Party | Person who has agreed to pay for services or for an account |
| Transaction | Any charge, payment, or adjustment made to a financial account |
| Usual Fee | A fee that the dentist charges for a specific service |
| Walkout Statement | A written indication of any balance due on an account, given to a patient as he or she leaves the practice at the end of an appointment |
| Career | A profession or occupation that require specific education or training |
| Professional | Person who meets the standards of a profession |
Created by:
ashleyi
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