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Simchart 98 Questions and Answers 100% correct $10.49   Add to cart

Exam (elaborations)

Simchart 98 Questions and Answers 100% correct

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  • Simchart
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Exam of 1 pages for the course Simchart at Simchart (Simchart 98)

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  • September 10, 2024
  • 1
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Simchart
  • Simchart
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Dreamer252
Simchart 98

When preparing the bank deposit currency is: - answer Recorded at the top of the
deposit slip

True or false? When funds are deposited electronically there is no need for a deposit
slip. - answer True

True or false? Insurance checks are not included on the same deposit slip as patient
checks. - answer False

True or false? The total amount of cash and checks needs to be documented at the
bottom of the deposit slip. - answer True

The total on the bank deposit should match: - answer The total of payments on the day
sheet

The funds that are being deposited today are considered: - answer Accounts receivable

The form completion fee for Mr. Biller will be recorded on his ledger as: - answer
Charge

True or false? Electronic Funds Transfer (EFT) can be used instead of mailed paper
check. - answer True

Which of the following statements regarding EFT is false? – answer EFT still requires
the endorsement of a check

After a claim is processed, payment and the remittance advice (RA) are sent to the: -
answer provider

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