OST 147: Chapter 17 Assignment

The role of the administrative dental assistant in the management of patient financial transactions is to:

• handle billing and insurance claims

• perform dental procedures

• conduct patient health assessments

• manage dental equipment

Identify the components of financial records organization.

• Assets, Liabilities, Equity

• Income, Expenses, Cash Flow

• Balance Sheet, Income Statement, Cash Flow Statement

• Revenue, Costs, Profit

Perform the steps in the daily routine for managing patient transactions.

• Check patient records, process payments, update billing information

• Schedule appointments, manage inventory, conduct patient follow-ups

• Conduct patient assessments, prescribe medication, perform surgeries

• Handle insurance claims, manage staff schedules, conduct training sessions

List and explain the types of financial reports used in a dental office.

• Balance Sheet, Income Statement, Cash Flow Statement

• Patient Records, Appointment Schedules, Treatment Plans

• Inventory List, Equipment Maintenance Logs, Supplier Contacts

• Marketing Strategies, Social Media Plans, Advertising Budgets

What are the end-of-day procedures in managing patient transactions?

• Review all patient records and ensure all transactions are recorded accurately.

• Close the clinic and turn off all electronic devices.

• Schedule appointments for the next day.

• Contact all patients for feedback.

What should be done when the treatment is completed on the day of an appointment?

• Schedule a follow-up appointment

• Document the treatment completion

• Notify the patient

• All of the above

What is the final task to perform on the day of an appointment according to the routine for managing financial transactions?

• Review the financial reports

• Confirm the appointment details

• Perform the financial transaction

• Close the financial records

One of the tasks to complete at the end of the day for managing financial transactions is:

• Reconcile accounts

• Prepare breakfast

• Organize a meeting

• Write a novel

To ensure all daily transactions are recorded, one should:

• Use a reliable accounting software

• Record transactions manually

• Ignore small transactions

• Only record transactions at the end of the month

The purpose of preparing a bank deposit at the end of the day is to:

• Ensure all transactions are recorded and funds are safely deposited.

• Calculate the total sales for the day.

• Prepare for the next day's transactions.

• Verify the accuracy of the cash register.