Exam (elaborations)
AES Bookkeeping Questions with correct Answers
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Exam of 2 pages for the course Bookkeeping at Bookkeeping (AES Bookkeeping)
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AES BookkeepingWhen should daysheets be updated? - answerAs each transaction takes place
Which manual bookkeeping system has a built-in way to check for errors? -
answerDouble-entry system
In which of the following ledgers must an outstanding patient balance be recorded? -
answerBoth the patient ledger and the accounts receivable ledger
When stamped on a check, what does NSF stand for? - answerNon-sufficient funds
Which of the following best describes an accounts payable ledger? - answerA book of
all office debts that have not been paid
Which of these is the most appropriate way to make corrections in a manual
bookkeeping system? - answerDraw one line through the mistake and enter the
correction above.
Which of the following best describes the term "professional courtesy"? - answerA fee
discount for health care workers
Who decides when and to whom professional courtesy is extended? - answerThe
physician
If a physician treats a fellow health care worker and does not collect the remaining fee
after that worker's insurance contribution is received, this is what kind of adjustment? -
answerProfessional courtesy
In which of the following ledgers would an assistant look to find the most current bank
balance? - answerCheck ledger
If an office uses a computerized bookkeeping system, understanding manual
bookkeeping is unnecessary. - answerFalse
In which of the following ledgers would an assistant look to find a specific patient's
current outstanding balance? - answerPatient ledger
In which of the following ledgers would an assistant look to find information on all the
debts owed by the medical office? - answerAccounts payable ledger
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