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Unit 31 Question and answers already passed 2024

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Unit 31 Question and answers already passed 2024 Unit 3: Bookkeeping, 4 ; DOUBLE ENTRY BOOKKEEPING, Pacioli's Double-entry Bookkeeping and its Evolution, Coursera Inuit Bookkeeping certification quizs compliation In which of the following ledgers would an assistant look to find the most current...

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unit 31 question and answers already passed 2024

Instelling Bookkeeping
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Unit 3: Bookkeeping, 4 ; DOUBLE ENTRY
BOOKKEEPING, Pacioli's Double-entry
Bookkeeping and its Evolution, Coursera
Inuit Bookkeeping certification quizs
compliation
In which of the following ledgers would an assistant look to find the most
current bank balance? - correct answer ✔Check ledger

Which manual bookkeeping system has a built-in way to check for errors? -
correct answer ✔Double-entry system

Which of the following best describes the term "professional courtesy"? -
correct answer ✔A fee discount for health care workers

In which of the following ledgers must an outstanding patient balance be
recorded? - correct answer ✔Both the patient ledger and the accounts
receivable ledger

When should daysheets be updated? - correct answer ✔As each transaction
takes place

In which of the following ledgers would an assistant look to find information on
all the debts owed by the medical office? - correct answer ✔Accounts
payable ledger

In which of the following ledgers would an assistant look to find a specific
patient's current outstanding balance? - correct answer ✔Patient ledger

, When a patient makes a payment to a collection agency, the entire amount of
that payment will be sent to the medical office. - correct answer ✔False

Why is the pegboard system also called the "write-it-once" method? - correct
answer ✔Entries are posted to several records at once.

Who decides when and to whom professional courtesy is extended? - correct
answer ✔The physician

If an office uses a computerized bookkeeping system, understanding manual
bookkeeping is unnecessary. - correct answer ✔False

When stamped on a check, what does NSF stand for? - correct answer
✔Non-sufficient funds

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? - correct answer ✔Professional courtesy

Which of the following best describes an accounts payable ledger? - correct
answer ✔A book of all office debts that have not been paid

Payments received by mail do not have to be posted to the patient ledger. -
correct answer ✔False

What is the first step an office assistant should take after receiving an NSF
check? - correct answer ✔Inform the check-writer that the check has been
returned.

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