Question 1

Which of the following is NOT the responsibility of the Medical Assistant in regard to the discussion of fees?

Accepted Answer

A) Making sure providers receive education, training, and experience in diagnosis and treatment concerns 
B) Informing the patient about provider charges 
C) Collecting payments 
D) Making credit arrangements if necessary 
E) Making certain patients and their providers receive the full benefit of medical insurance 
A) Making sure providers receive education, training, and experience in diagnosis and treatment concerns 
B) Informing the patient about provider charges 
C) Collecting payments 
D) Making credit arrangements if necessary 
E) Making certain patients and their providers receive the full benefit of medical insurance

Question 2

Which of the following accounts is debited when a check is written to pay invoices?

Accepted Answer

A) Accounts receivable 
B) Accounts payable 
C) Expenses 
D) Checking 
A) Accounts receivable 
B) Accounts payable 
C) Expenses 
D) Checking

Question 3

When is the recommended time for deposits?

Accepted Answer

A) Twice a week 
B) Once a week 
C) Daily 
D) Monthly 
A) Twice a week 
B) Once a week 
C) Daily 
D) Monthly

Question 4

Which of the following is NOT a requirement for the ABN form?

Accepted Answer

A) Must be in writing 
B) Must indicate the type of procedure(s) 
C) Must include the final cost 
D) Must include the reason the patient is responsible 
A) Must be in writing 
B) Must indicate the type of procedure(s) 
C) Must include the final cost 
D) Must include the reason the patient is responsible

Question 5

What is the name of the form given to Medicare patients explaining that the cost of a procedure is the responsibility of the patient?

Accepted Answer

A) Waiver of fees 
B) Advanced beneficiary notice 
C) Medical necessity form 
D) Patient responsibility form 
A) Waiver of fees 
B) Advanced beneficiary notice 
C) Medical necessity form 
D) Patient responsibility form

Question 6

Which of the following is a primary advantage to accepting credit cards?

Accepted Answer

A) No fees are paid. 
B) Confidentiality is not a problem. 
C) Money is not a problem. 
D) Money is available within 24 hours or so. 
A) No fees are paid. 
B) Confidentiality is not a problem. 
C) Money is not a problem. 
D) Money is available within 24 hours or so.

Question 7

Which of the following is NOT an advantage of a computerized system?

Accepted Answer

A) Creates an encounter form automatically 
B) Creates and updates the patient account 
C) Increases practice collections 
D) Increases the time needed to train personnel 
E) Ages accounts automatically 
A) Creates an encounter form automatically 
B) Creates and updates the patient account 
C) Increases practice collections 
D) Increases the time needed to train personnel 
E) Ages accounts automatically

Question 8

Which of the following is NOT a part of the pegboard system?

Accepted Answer

A) Day sheets 
B) Ledger cards 
C) Charge slips 
D) Receipt forms 
E) Bank deposits 
A) Day sheets 
B) Ledger cards 
C) Charge slips 
D) Receipt forms 
E) Bank deposits

Question 9

Which of the following applies to the cash that is usually kept in a locked change drawer and used for transactions with patients who pay in cash and need change?

Accepted Answer

A) Petty cash 
B) Cash on hand 
C) Accounts receivable cash 
D) Accounts payable cash 
A) Petty cash 
B) Cash on hand 
C) Accounts receivable cash 
D) Accounts payable cash

Question 10

Which of the following is NOT a procedural step when disbursing the petty cash funds?

Accepted Answer

A) Sort all vouchers by account. 
B) List all accounts involved. 
C) Total vouchers for each account. 
D) Write a check to replace funds. 
E) Add receipts to original petty cash amount 
A) Sort all vouchers by account. 
B) List all accounts involved. 
C) Total vouchers for each account. 
D) Write a check to replace funds. 
E) Add receipts to original petty cash amount

Exam 18: Daily Financial Practices

Which of the following is NOT the responsibility of the Medical Assistant in regard to the discussion of fees?

Which of the following accounts is debited when a check is written to pay invoices?

When is the recommended time for deposits?

Which of the following is NOT a requirement for the ABN form?

What is the name of the form given to Medicare patients explaining that the cost of a procedure is the responsibility of the patient?

Which of the following is a primary advantage to accepting credit cards?

Which of the following is NOT an advantage of a computerized system?

Which of the following is NOT a part of the pegboard system?

Which of the following applies to the cash that is usually kept in a locked change drawer and used for transactions with patients who pay in cash and need change?

Which of the following is NOT a procedural step when disbursing the petty cash funds?

The Medical Assisting Profession

Health Care Settings and the Health Care Team

Coping Skills for the Medical Assistant

Therapeutic Communication Skills

The Therapeutic Approach to the Patient With a Life-Threatening Illness

Legal Considerations

Ethical Considerations

Emergency Procedures and First Aid

Creating the Facility Environment

Computers in the Medical Clinic

Telecommunications

Patient Scheduling

Medical Records Management

Written Communications

Medical Documents

Medical Insurance

Medical Coding

Billing and Collections

Accounting Practices

Infection Control and Medical Asepsis

The Patient History and Documentation

Vital Signs and Measurements

The Physical Examination

Obstetrics and Gynecology

Pediatrics

Male Reproductive System

Gerontology

Examinations and Procedures of Body Systems

Assisting With Minor Surgery

Diagnostic Imaging

Rehabilitation and Therapeutic Modalities

Nutrition in Health and Disease

Basic Pharmacology

Calculation of Medication Dosage and Medication Administration

Cardiac Procedures

Regulatory Guidelines for Safety and Quality in the Medical Laboratory

Introduction to the Medical Laboratory

Phlebotomy: Venipuncture and Capillary Puncture

Hematology

Urinalysis

Basic Microbiology

Speciality Laboratory Tests

The Medical Assistant As Clinic Manager

The Medical Assistant As Human Resources Manager

Preparing for Medical Assisting Credentials

Employment Strategies

Filters