AES Bookkeeping Exam Test Guide with
Complete Solutions
When should day-sheets be updated? - ANSWER-As each transaction takes place
Which manual bookkeeping system has a built-in way to check for errors? - ANSWER-
Double-entry system
In which of the following ledgers must an outstanding patient balance be recorded? -
ANSWER-Both the patient ledger and the accounts receivable ledger
When stamped on a check, what does NSF stand for? - ANSWER-Non-sufficient funds
Which of the following best describes an accounts payable ledger? - ANSWER-A book
of all office debts that have not been paid
Which of these is the most appropriate way to make corrections in a manual
bookkeeping system? - ANSWER-Draw one line through the mistake and enter the
correction above.
Which of the following best describes the term "professional courtesy"? - ANSWER-A
fee discount for health care workers
Who decides when and to whom professional courtesy is extended? - ANSWER-The
physician
If a physician treats a fellow health care worker and does not collect the remaining fee
after that worker's insurance contribution is received, this is what kind of adjustment? -
ANSWER-Professional courtesy
In which of the following ledgers would an assistant look to find the most current bank
balance? - ANSWER-Check ledger
If an office uses a computerized bookkeeping system, understanding manual
bookkeeping is unnecessary. - ANSWER-False
In which of the following ledgers would an assistant look to find a specific patient's
current outstanding balance? - ANSWER-Patient ledger
In which of the following ledgers would an assistant look to find information on all the
debts owed by the medical office? - ANSWER-Accounts payable ledger
Payments received by mail do not have to be posted to the patient ledger. - ANSWER-
False
Complete Solutions
When should day-sheets be updated? - ANSWER-As each transaction takes place
Which manual bookkeeping system has a built-in way to check for errors? - ANSWER-
Double-entry system
In which of the following ledgers must an outstanding patient balance be recorded? -
ANSWER-Both the patient ledger and the accounts receivable ledger
When stamped on a check, what does NSF stand for? - ANSWER-Non-sufficient funds
Which of the following best describes an accounts payable ledger? - ANSWER-A book
of all office debts that have not been paid
Which of these is the most appropriate way to make corrections in a manual
bookkeeping system? - ANSWER-Draw one line through the mistake and enter the
correction above.
Which of the following best describes the term "professional courtesy"? - ANSWER-A
fee discount for health care workers
Who decides when and to whom professional courtesy is extended? - ANSWER-The
physician
If a physician treats a fellow health care worker and does not collect the remaining fee
after that worker's insurance contribution is received, this is what kind of adjustment? -
ANSWER-Professional courtesy
In which of the following ledgers would an assistant look to find the most current bank
balance? - ANSWER-Check ledger
If an office uses a computerized bookkeeping system, understanding manual
bookkeeping is unnecessary. - ANSWER-False
In which of the following ledgers would an assistant look to find a specific patient's
current outstanding balance? - ANSWER-Patient ledger
In which of the following ledgers would an assistant look to find information on all the
debts owed by the medical office? - ANSWER-Accounts payable ledger
Payments received by mail do not have to be posted to the patient ledger. - ANSWER-
False
