Test Bank
For Fordney's Medical
Insurance and Billing
By Linda M. Smith.
17th Edition
Page 1 of 260
,17e Fordney’s Medical Insurance and Billing by L. Smith Test bank.
Chapter 01: Role of An Insurance Billing Specialist
MULTIPLE CHOICE
1. The Primary Goal of An Insurance Billing Specialist Is:
a. To Manage The Health Care Organization’s Billing of fice
b. To Ensure The Cash Flow of A Health Care Organization Through Revenue Cycle Management
c. To Send Bills To Patients For Services They Receive
d. To Post Payments Received From Patients And Insurance
Carriers CORRECT ANSWER: B DIF: Moderate
OBJ: 2
2. Facility Billing Includes Charging For Medical Services Provided By:
a. Physicians
b. Laboratory Services
c. Ambulance Services
d. Ambulatory Surgical Centers
CORRECT ANSWER: D DIF: Easy OBJ: 2
3. A Claims Assistance Professional
a. Works For The Consumer.
b. Works For The Health Care Organization.
c. Works For An Insurance Company.
d. Works For The Federal Government.
CORRECT ANSWER: A DIF: Easy OBJ: 2
4. What Is ―Cash Flow‖ In A Medical Practice?
Page 2 of 260
,a. The Actual Money Available To A Medical Practice
b. The Amount of Money Received By A Medical Practice In 1 Day
Page 3 of 260
, c. The Amount of Money Received By A Medical Practice In 1 Month
d. The Amount of Outstanding Money On The Accounts
Receivable
CORRECT ANSWER: A DIF: Moderate OBJ: 2
5. Which Level of Education Is Generally Required For One Who Seeks Employment As An Insurance Coder?
a. College Diploma
b. High School Diploma
c. Completion of An Accredited Program For Coding Certification
d. No Specific Level of Education Is Required
CORRECT ANSWER: C DIF: Easy OBJ: 4
6. The Amount of Money An Insurance Billing Specialist Earns Is Dependent On Which of The
Following Factors?
a. Knowledge
b. Experience
c. Size of Employing Institution
d. All Are Correct
CORRECT ANSWER: D DIF: Moderate OBJ: 5
7. A Self-Employed Medical Insurance Biller Who Does Independent Contracting Is Responsible For
a. Advertising.
b. Billing.
c. Accounting.
d. All Are Correct.
CORRECT ANSWER: D DIF: Hard OBJ: 2
Page 4 of 260
For Fordney's Medical
Insurance and Billing
By Linda M. Smith.
17th Edition
Page 1 of 260
,17e Fordney’s Medical Insurance and Billing by L. Smith Test bank.
Chapter 01: Role of An Insurance Billing Specialist
MULTIPLE CHOICE
1. The Primary Goal of An Insurance Billing Specialist Is:
a. To Manage The Health Care Organization’s Billing of fice
b. To Ensure The Cash Flow of A Health Care Organization Through Revenue Cycle Management
c. To Send Bills To Patients For Services They Receive
d. To Post Payments Received From Patients And Insurance
Carriers CORRECT ANSWER: B DIF: Moderate
OBJ: 2
2. Facility Billing Includes Charging For Medical Services Provided By:
a. Physicians
b. Laboratory Services
c. Ambulance Services
d. Ambulatory Surgical Centers
CORRECT ANSWER: D DIF: Easy OBJ: 2
3. A Claims Assistance Professional
a. Works For The Consumer.
b. Works For The Health Care Organization.
c. Works For An Insurance Company.
d. Works For The Federal Government.
CORRECT ANSWER: A DIF: Easy OBJ: 2
4. What Is ―Cash Flow‖ In A Medical Practice?
Page 2 of 260
,a. The Actual Money Available To A Medical Practice
b. The Amount of Money Received By A Medical Practice In 1 Day
Page 3 of 260
, c. The Amount of Money Received By A Medical Practice In 1 Month
d. The Amount of Outstanding Money On The Accounts
Receivable
CORRECT ANSWER: A DIF: Moderate OBJ: 2
5. Which Level of Education Is Generally Required For One Who Seeks Employment As An Insurance Coder?
a. College Diploma
b. High School Diploma
c. Completion of An Accredited Program For Coding Certification
d. No Specific Level of Education Is Required
CORRECT ANSWER: C DIF: Easy OBJ: 4
6. The Amount of Money An Insurance Billing Specialist Earns Is Dependent On Which of The
Following Factors?
a. Knowledge
b. Experience
c. Size of Employing Institution
d. All Are Correct
CORRECT ANSWER: D DIF: Moderate OBJ: 5
7. A Self-Employed Medical Insurance Biller Who Does Independent Contracting Is Responsible For
a. Advertising.
b. Billing.
c. Accounting.
d. All Are Correct.
CORRECT ANSWER: D DIF: Hard OBJ: 2
Page 4 of 260