Exam (elaborations)
Bookkeeping Quiz with complete solutions
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Bookkeeping Quiz with complete solutions
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Bookkeeping Quiz with completesolutions
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
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