
PEOA
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Easy
Jose Daniel Rangel Garcia
Used 14+ times
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36 questions
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1.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
What is the first step in the healthcare reimbursement process?
Coding
Reconciling
Collecting
Billing
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is a public insurer?
Humana
Medicaid
Blue Cross
Blue Shield
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is NOT true regarding limited liability
companies?
It may elect to use corporate tax rules instead of being treated as a
partnership
It is a corporation under state law.
It provides flexibility to its owners
It is a legal form of a company that provides limited liability to its owners.
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The most common and simplest form of business is a _______.
Limited Liability Partnership
Sole Proprietorship
Limited Liability Company
Professional Association
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The measurement and minimization of ______ is essential to the
financial success of all healthcare organizations.
Costs
Control
Cash
Capital
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The principal reason why groups of professions choose to organize
as a professional corporation is that
They are not required to pay federal taxes
An owner is not personally liable for the negligence or malpractice of other
owners
It is illegal for them to form a general partnership
They will be 340B eligible
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which is a United States-specific form of private company?
Limited partnership
Professional Association
Limited liability company
Professional corporation
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