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Exam (elaborations)

Bookkeeping quiz/17 Questions well Answered

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Bookkeeping quiz/17 Questions well Answered

Institution
Bookkeeping
Course
Bookkeeping








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Institution
Bookkeeping
Course
Bookkeeping

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Uploaded on
August 14, 2024
Number of pages
2
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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Bookkeeping quiz/17 Questions well
Answered
A fellow physician - -To which of the following patients might a physician
extend professional courtesy?

-Professional courtesy - -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 - -Which of the following
best describes an account payable ledger?

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

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

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

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

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

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

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

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

-Accounts payable ledger - -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 - -Which of the following
best describes an accounts payable ledger?

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