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Mgma Practice Exams Answers And Questions Set A.pdf

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MGMA PRACTICE EXAMS ANSWERS AND QUESTIONS SET A.pdf

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MGMA PRACTICE EXAMS ANSWERS AND
QUESTIONS SET A+
✔✔22. What is negotiation?
A. Making a determination based on meeting the interests of the parties involved in the
dispute rather than their positions.
B. Providing professionals with the opportunity to discuss the problem directly without
intervention.
C. Hiring a neutral third party to listen to the arguments and make an unbiased decision.
D. Allowing organizational superiors to provide a resolution. - ✔✔A

✔✔23. The mutual assent of any legal contract includes which two requirements?
A. Offers and acceptance.
B. Terms and conditions.
C. Addendum and clauses.
D. Definitions and agreements. - ✔✔D

✔✔24. What do KPIs do?
A. KPIs rate the probability that a provider will be sued for malpractice.
B. KPIs provide a data repository to identify medical providers.
C. KPIs define, reflect, and measure progress toward organizational goals.
D. KPIs are units of measurement that provide information about a provider's
productivity. - ✔✔C

✔✔25. What is a characteristic of a patient self-management program?
A. Patient is taught skills on how to act to address his/her health problems.
B. If condition doesn't improve, patient is dismissed from the practice for non-
compliance.
C. Patient is given information on the disease from health professional.
D. Patient develops his/her own care plan. - ✔✔A

✔✔26. How can a practice administrator limit the likelihood of a malpractice suit
occurring?
A. Personally monitoring clinical decisions.

, B. Hiring only board certified providers.
C. Establishing clear communication protocols.
D. Obtaining a legal degree. - ✔✔C

✔✔27. What legal remedy does Worker's Compensation provide for a medical practice?
A. In return for appropriate and timely care of the employee, the employer is relieved of
potential OSHA fines.
B. A potential revenue source for worker's compensation claims.
C. Free access to medical care for workers injured on the job.
D. In return for appropriate and timely care of the employee, the employer is relieved of
personal injury litigation. - ✔✔D

✔✔28. Under the law administered by the Centers for Medicare and Medicaid Services
(CMS), who is responsible to assure proper coding?
A. The nurse.
B. The executive officer.
C. The physician.
D. The coder. - ✔✔C

✔✔29. What is the purpose of provider registration through the Drug Enforcement
Administration?
A. Required to prescribe any medication.
B. Allows provider to prescribe "controlled substances".
C. Allows provider to bill for diagnostic services resulting in prescription.
D. Providers do not need to register with DEA. - ✔✔B

✔✔30. What is informed consent?
A. A process for getting permission before conducting a healthcare intervention on a
person.
B. A preapproval from the payer to prescribe further medical treatment.
C. The consent of a hospital to provide access to a practice's physician.
D. The consent of a patient for release of their personal health information. - ✔✔A

✔✔31. How is a strategic plan typically used?
A. As a tool for potential investors.
B. As a plan for the organization's long-term goals.
C. As an outline of the key elements of the organization.
D. As a day-to-day guide to operations. - ✔✔B

✔✔32. Which of the following advantages does an "S" corporation provide to the
medical practice?
A. Income is only taxed once.
B. Investors are able to deduct losses against other income.
C. Provides for automatic tax filing extension.

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