ADMINISTRATIVE MEDICAL ASSISTING Chapter 19 Test Review – Flashcards
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The Debit column of the ledger is:
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The column on the left : used to enter changes, procedure codes, and description of service
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The use of debit/credit cards by patients to pay for services in ambulatory care settings is..
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A financial arrangement increasingly being used
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The first section of the manual sheet is used:
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To post individual transactions
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Good working habits for bookkeeping functions include:
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Double-checking all entries for accuracy and keeping the bookkeeping tasks current and up to date
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Petty Cash...
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Pays for routine and unexpected minor expenses for clinic
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Encounter forms
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Can be ordered to fit the practice and they list common services provided, procedural code, and diagnosis code.
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Receipts
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Are used for payments on accounts
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When accepting checks from patients
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Inspect for correct date, amount, and signature
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A check with an attached stub for recording information is called
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Voucher Check
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It is important to ensure proper control over purchasing of supplies and equipment for following reasons
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To avoid purchase of unnecessary items, to avoid duplication of items purchased, and to provide a system for payment of only those items properly ordered and received
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The management of the business details of a practice usually becomes the responsibility of:
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The medical assisting staff
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For Medicare patients, a form officially known as ________ is the only legal means a clinic has to collect payment on charges usually are:
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Advanced Beneficiary Notice
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The one advanatage to the ambulatory care setting that accepts credit/debit cards is that monies for fees charged usually are:
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Available within 24 Hours
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On a patient account or ledger, the credit column is:
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On the right and is used for entering payments
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The amount of cash on hand for the purchase of petty cash is usually within the range of:
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$75 to $100
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The pegboard system of bookkeeping is sometimes called the
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Write-it-once
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NFS stands for :
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Nonsufficient
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A restrictive endorsement stamp is used to:
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Stamp on he back of a back of a check to signify "for deposits only"
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When reconciling a bank statement:
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The reconciling should be done every month and the checkbook entries should be checked against the bank statement
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If a check has been deposited and is now returned because of insufficient funds, it will be necessary to:
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Call the bank that returned it verify availability of funds so the check can then be redeposit
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The most common method of tracking a patients balance is (are):
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The Pegboard system and the computerized financial systems
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The pegboard system consists of:
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Day sheets, ledger card, encounter forms, and receipt forms.
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In cases of divorced parents where one parent has physical custody of the child and is considered the one responsible for payment if the child is not insured with a contracted insurance carrier, the patient is called:
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The guarantor
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The number required by the Center of Medicare and Medicaid (CMS) on claims for clinical diagnosis services is called:
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National Provider Identifier
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The Advanced Beneficiary Notification form is used primarily for:
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Medicaid patients and Medicare Patients
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A patient encounter form:
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Is also called a charger slip and is also called super bill
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In most practices there is a need to have cash available on a daily basis to:
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Pay for minor and incidental expenses
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In most practices there is a need to have cash available on a daily basis to:
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Cashier's check
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Restricting the use of a check should it be lost or stolen may be done through :
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Special endorsement
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The ledger is placed under the charger slip or encounter form in the pegboard system and ....
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Aligned before posting
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The encounter form is also known as the :
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Charge slip, multipurpose billing form, and super bill.
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A refunded on a patient's account will usually occur when:
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The insurance carrier pays more than anticipated
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What is the Not usually a piece of information that is included on an encounter form
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Requested return visit
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On a patient account or ledger, the credit column is :
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On the right and is used for entering charges
