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Financial Management in the Dental Office

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show A system designed to maintain the financial records of a business  
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show Expenses and disbursements paid out from a business  
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Audit trail   show
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show Form of insurance that reimburses an employer for loss resulting from theft by an employee  
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show The process of managing the financial accounts of a business  
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show The insurance company that pays the claims and collects premiums  
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show Fixed amount of cash  
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Check   show
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show Record of all checks issued on and deposits made to a specific account  
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Coordination of benefits (COB)   show
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Current Dental Terminology (CDT)   show
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Customary fee   show
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Deposit slip   show
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Disbursememts   show
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show The overhead costs of a business that must be paid to keep operating  
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Fixed overhead   show
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show The total of all professional income received  
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Invoice   show
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Ledger   show
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show Gross income minus expenses  
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Packing slip   show
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Payee   show
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show A manual bookkeeping system  
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Petty cash   show
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Posted   show
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show The dentist who provides treatment to the patients  
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show A fee that is considered justified for an extensive or complex treatment  
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Responsible party   show
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Statement   show
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show Any charge, payment, or adjustment made to a financial account  
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show A fee that the dentist charges for a specific service  
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Variable overhead   show
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show 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  
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Created by: KalynBaimakovich
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