Chapter 63: Financial Management in the Dental Office

question

what types of bookkeeping systems are used in a dental practice
answer

accounts receivable and accounts payable
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what form will you use to gather financial information from a patieint
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registration form
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where should the business assistant discuss financial arrangements with a patient
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private setting
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money that is owed to the practice is considered
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accounts receivable
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if a dental office does not have a computerized accounts receivable system, what manual system would be used
answer

pegboard syatem
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what form is used to transmit a patients fee for service from the treatment area to the business office
answer

charge slip
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what means of payment can a patient use for their account
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cash, credit, insurance
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how often should bank deposits be made
answer

daily
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when should an office begin collection efforts on a past due account
answer

30 days
question

how would a business follow through on the collection fees
answer

letters, phone call, and a collection agency
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an example of fixed overhead is
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salaries
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a paycheck is a persons
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net income
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which documents will arrive with the shipment of supplies
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packing slip, invoice, and statement
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C.O.D. means
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cash on delivery
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where would you record check deposits made on an account
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check register
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what term indicated that an account does not have enough money to cover a check
answer

insufficient funds
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the method of calculating fee-for-service benefits is
answer

UCR, schedule of benefits, and fixed fee
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what is the specified amount of money that an insured person must pay before his or her insurance goes into effect
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deductible
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a child or spouse of an insurance subscriber is considered to be an
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dependent
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a patients insurance information is submitted by means of
answer

a claim form

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