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Exam (elaborations)

Bookkeeping quiz 100% solved

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Bookkeeping quiz 100% solved

Institution
Bookkeeping
Course
Bookkeeping








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Institution
Bookkeeping
Course
Bookkeeping

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Uploaded on
August 8, 2024
Number of pages
2
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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Bookkeeping quiz 100% solved
A fellow physician - Answer -To which of the following patients might a physician extend
professional courtesy?

Professional courtesy - Answer -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?

A book of all office debts that have not been paid - Answer -Which of the following best
describes an account payable ledger?

Double-entry systems - Answer -Which manual bookkeeping system has a built-in way
to check for errors?

It should be destroyed - Answer -What should be done with the old NSF check after an
alternate from of payment has arrived and been fully processed?

Non-sufficient funds - Answer -When stamped on a check what dose NSF stand for?

As each transaction takes place - Answer -When do day sheets need to be update?

A cancellation of a fee - Answer -Which of the following definitions best describes a
write-off?

False - Answer -Payments received by mail do not have to be posted in the patient
ledger.

Entries are posted to several records at once. - Answer -Why is the pegboard system
also called the "write-it-once" method?

Draw one line through the mistake and enter the correction above. - Answer -Which of
these is the most appropriate way to make corrections in a manual bookkeeping
system?

Accounts payable ledger - Answer -In which of the following ledgers would an assistant
look to find information on all the debts owed by the medical office?

A book of all office debts that have not been paid - Answer -Which of the following best
describes an accounts payable ledger?

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