Bookkeeping Quiz
When should daysheets be updated? - Answer- As each transaction takes place
In which of the following ledgers must an outstanding patient be recorded? - Answer- Both the patient ledger and the accounts receivable ledger
Payments received by mail do not have to be posted to...
Bookkeeping Quiz
When should daysheets be updated? - Answer- As each transaction takes place
In which of the following ledgers must an outstanding patient be recorded? - Answer-
Both the patient ledger and the accounts receivable ledger
Payments received by mail do not have to be posted to the patient ledger - Answer-
False
In which of the following ledgers would an assistant look to find the most current
bank balance - Answer- Check ledger❤️
In which of the following letters with an assistant look to find a specific patient's
current outstanding balance - Answer- Patient ledger
In which of the following ledgers what an assistant look to find information on all the
debts owed by the medical office - Answer- Accounts payable ledger
The single entry system requires an entry to be entered twice - Answer- False
Which of the following is a disadvantage to the single entry system - Answer- Does
not include built in quality check
Why is the pegboard system also called the "write-it-once" method? - Answer-
Entries are posted to several records at once.
Which manual bookkeeping system has a built in way to check for errors - Answer-
Double-entry system
Which of these is the most appropriate way to make corrections and a manual
bookkeeping system - Answer- Draw a line through the mistake and write the
correction above
If an office uses a computer as bookkeeping system, understanding man your
bookkeeping is unnecessary - Answer- False
Patient payment information entered on the day sheet must also be posted on the
patient ledger - Answer- True
Why are insurance adjustments often necessary - Answer- Because medical offices
insurance companies have contracts for reduced charges
Which of the following best describes the term professional courtesy - Answer- A fee
discount for healthcare workers
Who decides when and to whom professional courtesy is extended - Answer-
physician
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