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Moini Ch13 Financial Managment

Authored by Kim Student

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11th Grade - University

Used 7+ times

Moini Ch13 Financial Managment
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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A list of all employees and their earnings, deductions, and other information is called

employee earnings.
payroll tasks.
accounts payable.
payroll register.
employee financial listing.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Paper towels are considered

incidental items.
durable items.
capital equipment.
clinical supplies.
expendable items.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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A collection ratio is

the amount of money collected this year divided by the amount of money collected last year.
the total collections divided by net charges.
the total collections divided by gross charges.
the total amount of money collected divided by any discounts.
none of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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The portion of salary held back from payroll checks for the purpose of paying government income taxes is known as

W-4 forms.
Federal Unemployment Tax Act.
withholding
annual tax returns.
FICA.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Accounts receivable age analysis

means that the physician must collect the receivables on time.
is not necessary in a single-physician office.
is a tool to show the status of each account.
involves writing off accounts that are more than one year past due.
involves writing off accounts that are more than five years past due.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Which of the following statements regarding state unemployment tax is correct?

Only employees must make a payment.
Only employers must make a payment.
A few states require both employees and employers to make a payment.
A few states do not make it available.
none of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Amounts that are paid by cash or check are called

disbursements
statements
receivables
payables
none of these.

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