Chapter 63: Financial Management in the Dental Office – Flashcards
20 test answers
Unlock all answers in this set
Unlock answers 20question
if a dental office does not have a computerized accounts receivable system, what manual system would be used
answer
pegboard syatem
Unlock the answer
question
what form is used to transmit a patients fee for service from the treatment area to the business office
answer
charge slip
Unlock the answer
question
what means of payment can a patient use for their account
answer
cash, credit, insurance
Unlock the answer
question
how often should bank deposits be made
answer
daily
Unlock the answer
question
when should an office begin collection efforts on a past due account
answer
30 days
Unlock the answer
question
how would a business follow through on the collection fees
answer
letters, phone call, and a collection agency
Unlock the answer
question
an example of fixed overhead is
answer
salaries
Unlock the answer
question
a paycheck is a persons
answer
net income
Unlock the answer
question
which documents will arrive with the shipment of supplies
answer
packing slip, invoice, and statement
Unlock the answer
question
C.O.D. means
answer
cash on delivery
Unlock the answer
question
where would you record check deposits made on an account
answer
check register
Unlock the answer
question
what term indicated that an account does not have enough money to cover a check
answer
insufficient funds
Unlock the answer
question
the method of calculating fee-for-service benefits is
answer
UCR, schedule of benefits, and fixed fee
Unlock the answer
question
what is the specified amount of money that an insured person must pay before his or her insurance goes into effect
answer
deductible
Unlock the answer
question
a child or spouse of an insurance subscriber is considered to be an
answer
dependent
Unlock the answer
question
a patients insurance information is submitted by means of
answer
a claim form
Unlock the answer