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Financial management

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