Bookkeeping

In which of the following ledgers would an assistant look to find the most current bank balance?

• Accounts receivable ledger

• Accounts payable ledger

• Patient ledger

• Check ledger

Which manual bookkeeping system has a built-in way to check for errors?

• Double-entry system

• Single-entry system

• Pegboard system

Which of the following best describes the term 'professional courtesy'?

• A fee discount for insurance salespeople

• A medical office job related to health care ethics

• A fee discount for health care workers

In which of the following ledgers must an outstanding patient balance be recorded?

• Patient ledger

• Accounts receivable ledger

• Accounts payable ledger

• Check ledger

• Both the patient ledger and the accounts receivable ledger

When should daysheets be updated?

• At the end of each month

• At the end of each week

• After five or more transactions have taken place

• As each transaction takes place

• At the end of each day

In which of the following ledgers would an assistant look to find information on all the debts owed by the medical office?

• Check ledger

• Accounts payable ledger

• Accounts receivable ledger

• Patient ledger

In which of the following ledgers would an assistant look to find a specific patient's current outstanding balance?

• Accounts payable ledger

• Accounts receivable ledger

• Check ledger

• Patient ledger

When a patient makes a payment to a collection agency, the entire amount of that payment will be sent to the medical office.

• True

• False

Why is the pegboard system also called the 'write-it-once' method?

• The office is not required to issue receipts.

• Superbills are not used with the pegboard system.

• The pegboard system requires fewer records to be kept.

• Entries are posted to several records at once.

Who decides when and to whom professional courtesy is extended?

• The physician

• The head nurse

• The medical office assistant

• Any of the above