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CPPM Exam Prep Quiz_Updated Questions and Answers 100% A+ Graded *Efficiency - CORRECT ANSWER-Process & doing things right *Effectiveness - CORRECT ANSWER-Outcomes & doing the right thing Accural Accounting - CORRECT ANSWER-Records revenues when they are earned & expenses when they have been accrued. Provides a more accurate reflection of your current financial situation Cash Based Accounting - CORRECT ANSWER-Recognizes revenue only when cash is collected & expenses when cash is paid...

CPPM Practice Exam Review Questions and Answers 100% Already Graded A+ Excel Which of the following scenarios is appropriate incident-to billing? - CORRECT ANSWER-D. A physician's assistant at an OB/GYN practice sees patients for their follow up OB appointments while the physician sees new OB patients in the office. In the practice you manage, the medical assistants are responsible for preparing the patients for the physician. The medical assistants place a green folder in the door so the...

CPPM Cert Exam All Answers Correct Business and Finance What are current liabilities? Options: a. Debts that must be paid within a year; b. Debts that can be paid over several years Answer: a. Debts that must be paid within a year What is the characteristic of fixed expenses? Options: a. Will change based on revenue; b. Will not change based on revenue Answer: b. Will not change based on revenue Company Structure What is the benefit of an LLC (Limited Liability Company)? Opti...