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Financial management
| Question | Answer |
|---|---|
| Money owed to a medical practice for services rendered is | accounts receivable |
| A check may be dishonored for which of the following reasons? | NSF, postdated check, overdraft |
| In the case of an emergency you must | remain calm, call the authorities, take care of patients first |
| A signature card must be completed to | open a checking account |
| The bank is also known as the | drawer |
| Which of the following forms is the employer's Quarterly Federal Tax Return? | 941 |
| Billing segments of the patient population describes | cycle billing |
| The bank statement shows a balance of $4550, deposits in transit total $1000, and outstanding checks that equal $300. The check register balance should be | $5250 |
| An organization's ability to meet its goals is | effectiveness |
| A signature card must be completed to | open a checking account |
| The amount of supplies used as a buffer while awaiting receipt of additional supplies is | safety stock |
| An account balance represents the | difference between the debits and credits |
| A personal record of relevant information regarding a check and checking account balance is a | check register |
| A medical assistant who is compensated every other Friday is being paid | biweekly |
| A signature card must be completed to | open a checking account |
| The amount of supplies used as a buffer while awaiting receipt of additional supplies is | safety stock |
Created by:
ashrey0433
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