Medical assistant precision exam
credit - correct answer ✔the ability of a customer to obtain goods or services
before payment, based on the trust that payment will be made in the future.
Debit - correct answer ✔An amount recorded on the left side
Adjustment to Bank Statement - correct answer ✔Change in account due to
charges
Assets - correct answer ✔money and other valuables belonging to an
individual or business
liability insurance - correct answer ✔An amount owed by a business
bank statement - correct answer ✔A report of deposits, withdrawals, and
bank balances sent to a depositor by a bank
petty cash - correct answer ✔an amount of cash kept on hand and used for
making small payments
Precertification - correct answer ✔A process required by some insurance
carriers in which the provider must prove medical necessity before performing
a procedure.
Premium - correct answer ✔an amount to be paid for an insurance policy.
credit - correct answer ✔the ability of a customer to obtain goods or services
before payment, based on the trust that payment will be made in the future.
Debit - correct answer ✔An amount recorded on the left side
Adjustment to Bank Statement - correct answer ✔Change in account due to
charges
Assets - correct answer ✔money and other valuables belonging to an
individual or business
liability insurance - correct answer ✔An amount owed by a business
bank statement - correct answer ✔A report of deposits, withdrawals, and
bank balances sent to a depositor by a bank
petty cash - correct answer ✔an amount of cash kept on hand and used for
making small payments
Precertification - correct answer ✔A process required by some insurance
carriers in which the provider must prove medical necessity before performing
a procedure.
Premium - correct answer ✔an amount to be paid for an insurance policy.
