MGMA STANDARD EXAMS ANSWERS AND
QUESTIONS SET A+
✔✔11. The term "general duty clause" is associated with which definition?
A. Collective bargaining and protected concerted activities.
B. Liability for employer searches in the workplace.
C. Employment free from recognized hazards that are likely to cause death or serious
physical harm.
D. Lost productivity and absenteeism due to cost of substance abuse in the workplace. -
✔✔C
✔✔12. The Occupational Safety and Health Act imposes upon all employers a general
duty to maintain a safe workplace and to comply with the act's safety and health
standards. Who has liability for temporary workers under the Act?
A. The temporary worker is excluded from coverage.
B. The agency supplying the temporary worker.
C. The employer utilizing the temporary worker.
D. The State Worker's Compensation Fund. - ✔✔C
✔✔13. What does a closed shop agreement provide for?
A. The employer must hire union members only.
B. Government contracts are to be given priority.
C. Minority groups are to be employed in the shop.
D. Union members are not to be employed. - ✔✔A
✔✔14. What does the staffing ratio for medical groups commonly refer to?
A. Number of full-time equivalent staff to patient encounters.
B. Hours worked by clinical staff per patient visit.
C. Number of full-time equivalent staff to full-time equivalent physicians.
D. Number of full-time equivalent primary care physicians to full-time equivalent
specialty physicians. - ✔✔A
✔✔15. Which type of asset is likely to be capitalized?
A. Medical equipment.
, B. Drug samples.
C. Software subscriptions.
D. First aid supplies. - ✔✔A
✔✔16.. What is a bloodbourne disease?
A. A disease that can be diagnosed through a blood test.
B. A disease that is bourne through the body by the circulatory system.
C. A disease that arises from unclean work conditions.
D. A disease that can be spread through contamination by blood and other body fluids. -
✔✔D
✔✔17. For whom does a medical practice need to file an IRS form 1099?
A. A self-employed individual was paid $600 or more within a calendar year.
B. Any entity that was paid more than $600 during a calendar year.
C. An employed physician was awarded a financial prize of $1000 from a local
healthcare system.
D. A supplier corporation was paid $600 or more within a calendar year. - ✔✔A
✔✔18. Who is ultimately responsible for documenting any communication with the
patient in the medical record?
A. Practice CEO.
B. Triage nurse.
C. Coding personnel.
D. Physician. - ✔✔D
✔✔19. The four elements of the marketing plan include product, place, price, and
promotion. These items must have a logical tie back to which of the following:
A. Profit.
B. Strengths/Weaknesses/Threats and Opportunities Analysis.
C. Full time employees.
D. Assets. - ✔✔B
✔✔20. What is the difference between a merger and an acquisition?
A. There is no difference.
B. In a merger two entities join to become a new entity. In an acquisition one entity
purchases another.
C. In a merger two entities join to become a new entity. In an acquisition, two entities
are acquired by a third party who becomes the new owner.
D. In a merger, two entities agree to collaborate, but no new entity is created. In an
acquisition one entity purchases another. - ✔✔B
✔✔21. What protects peer review discussion within a medical practice?
A. State law.
B. Hospital by-laws.
C. Medical practice operating agreements.
QUESTIONS SET A+
✔✔11. The term "general duty clause" is associated with which definition?
A. Collective bargaining and protected concerted activities.
B. Liability for employer searches in the workplace.
C. Employment free from recognized hazards that are likely to cause death or serious
physical harm.
D. Lost productivity and absenteeism due to cost of substance abuse in the workplace. -
✔✔C
✔✔12. The Occupational Safety and Health Act imposes upon all employers a general
duty to maintain a safe workplace and to comply with the act's safety and health
standards. Who has liability for temporary workers under the Act?
A. The temporary worker is excluded from coverage.
B. The agency supplying the temporary worker.
C. The employer utilizing the temporary worker.
D. The State Worker's Compensation Fund. - ✔✔C
✔✔13. What does a closed shop agreement provide for?
A. The employer must hire union members only.
B. Government contracts are to be given priority.
C. Minority groups are to be employed in the shop.
D. Union members are not to be employed. - ✔✔A
✔✔14. What does the staffing ratio for medical groups commonly refer to?
A. Number of full-time equivalent staff to patient encounters.
B. Hours worked by clinical staff per patient visit.
C. Number of full-time equivalent staff to full-time equivalent physicians.
D. Number of full-time equivalent primary care physicians to full-time equivalent
specialty physicians. - ✔✔A
✔✔15. Which type of asset is likely to be capitalized?
A. Medical equipment.
, B. Drug samples.
C. Software subscriptions.
D. First aid supplies. - ✔✔A
✔✔16.. What is a bloodbourne disease?
A. A disease that can be diagnosed through a blood test.
B. A disease that is bourne through the body by the circulatory system.
C. A disease that arises from unclean work conditions.
D. A disease that can be spread through contamination by blood and other body fluids. -
✔✔D
✔✔17. For whom does a medical practice need to file an IRS form 1099?
A. A self-employed individual was paid $600 or more within a calendar year.
B. Any entity that was paid more than $600 during a calendar year.
C. An employed physician was awarded a financial prize of $1000 from a local
healthcare system.
D. A supplier corporation was paid $600 or more within a calendar year. - ✔✔A
✔✔18. Who is ultimately responsible for documenting any communication with the
patient in the medical record?
A. Practice CEO.
B. Triage nurse.
C. Coding personnel.
D. Physician. - ✔✔D
✔✔19. The four elements of the marketing plan include product, place, price, and
promotion. These items must have a logical tie back to which of the following:
A. Profit.
B. Strengths/Weaknesses/Threats and Opportunities Analysis.
C. Full time employees.
D. Assets. - ✔✔B
✔✔20. What is the difference between a merger and an acquisition?
A. There is no difference.
B. In a merger two entities join to become a new entity. In an acquisition one entity
purchases another.
C. In a merger two entities join to become a new entity. In an acquisition, two entities
are acquired by a third party who becomes the new owner.
D. In a merger, two entities agree to collaborate, but no new entity is created. In an
acquisition one entity purchases another. - ✔✔B
✔✔21. What protects peer review discussion within a medical practice?
A. State law.
B. Hospital by-laws.
C. Medical practice operating agreements.
