Kinn's Medical Assistant 14th Edition-
Chapter 16 Questions and Actual
Answers.
Money Market Savings - Answer An insured account requiring a minimum balance that draws
interest at a higher percentage than a regular savings account is called a __________ account.
Group of answer choices
Direct Deposit - Answer A plan in which payments are transferred, usually electronically, by a
paying agency directly to the account of a recipient is called:
call the patient to let the person know that the check was returned. - Answer The first thing
that should be done when an NSF check is received at the physician's office is to:
Be written and signed by the drawer, contain a promise or order to pay a sum of money, be
payable on demand - Answer What is required for a check to be negotiable?
Insufficient Funds - Answer Which of the following is not an acceptable reason for stop-
payment on a check?
Assets - Answer All property available for the payment of debts said to be his or her
__________.
Recievable - Answer Amounts owed to the physician are accounts _____________.
Signature - Answer When an account is opened at a bank, the depositor will be required to
complete a(n) __________ card.
endorsement - Answer signature on the back of a check whereby the rights of the check are
transferred to another party is called a(n) __________.
Restrictive - Answer A(n) __________ endorsement is used in preparing checks for deposit to
the physician's checking account.
Chapter 16 Questions and Actual
Answers.
Money Market Savings - Answer An insured account requiring a minimum balance that draws
interest at a higher percentage than a regular savings account is called a __________ account.
Group of answer choices
Direct Deposit - Answer A plan in which payments are transferred, usually electronically, by a
paying agency directly to the account of a recipient is called:
call the patient to let the person know that the check was returned. - Answer The first thing
that should be done when an NSF check is received at the physician's office is to:
Be written and signed by the drawer, contain a promise or order to pay a sum of money, be
payable on demand - Answer What is required for a check to be negotiable?
Insufficient Funds - Answer Which of the following is not an acceptable reason for stop-
payment on a check?
Assets - Answer All property available for the payment of debts said to be his or her
__________.
Recievable - Answer Amounts owed to the physician are accounts _____________.
Signature - Answer When an account is opened at a bank, the depositor will be required to
complete a(n) __________ card.
endorsement - Answer signature on the back of a check whereby the rights of the check are
transferred to another party is called a(n) __________.
Restrictive - Answer A(n) __________ endorsement is used in preparing checks for deposit to
the physician's checking account.
