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BANKING
LEGAL
COLLECTIONS
CHECKS
MISCELLANEOUS
100
The result of having bank records and medical office records agree
What is They are reconciled.
100
minimum wage What does the Fair Labor Standards Act regulate?
What is Minimum wage
100
The patient must contact the collection agency handling the account.
What is the procedure a patient must do when a collection agency is handling the account.
100
A check written out with a future date?
What is Postdated
100
called when a payee signs only his or her name on the back of a check?
What is Blank endorsement
200
The way you deposit currency
What is Be sure all bills re in order, face up and in the same direction.
200
The responsibility of the Federal Truth in Lending and Fair Debt Collections Act and what action is taken in the medical office.
What is Collections
200
$600
What is A collection agency charges 40% of $1400 charges. They collected $1000. How much will the medical practice receive? $600
200
The person called who is paying the debt?
What is Payer
200
The financial activity of a business?
What is transactions
300
The way charges and payments are kept when a patient comes into the doctor's office for a visit.
What is On a ledger card
300
Overtime salary The rate overtime salary is paid
What is 11/2 times the normal rate.
300
The way you write a collection letter to a patient.
What is firm but positive.
300
The amount of money not able to be collected?
What is Write-off
300
You cannot cross out mistakes on a check. T F
What is true
400
The number of days before a patient's account is overdue.
What is 30 days
400
True or false: All procedures are covered by insurance and reimbursed.
What is False
400
The way you handle a patient who wants to pay over time.
What is A written contract must be agreed upon between patient and medical office.
400
The amount of your paycheck after deductions.
What is Net wages .
400
The action that makes a check negotiable?
What is bank endorsement
500
Deposits should be made
What is daily
500
Charges and payments
What is put on a charge slip when a patient comes in for a doctor's visit.
500
The process of determining how long specific accounts and balances have been outstanding is called
What is Aging
500
The total amount of earned for a pay period is called
What is Gross wages
500
The unique number assigned to a bank?
What is ABA number