NAB CORE RCAL-FINANCIAL QUESTIONS WITH ALL
CORRECT ANSWERS
Terms in this set (67)
The part of the Medicare program that pays for physician services, outpatient
Medicare Part B
hospital services, durable medical equipment, and other services and supplies.
The part of the Medicare program that pays for hospitalization, care in a skilled
Medicare Part A
nursing facility, home health care, and hospice care.
Medicare Part D Prescription drug coverage
Prohibits the solicitation, receiving, offering, or paying of any remuneration directly
Anti Kickback Law
or indirectly in cash or in kind in exchange.
A federal and state assistance program that pays for health care services for people
Medicaid
who cannot afford them.
protects health insurance coverage for workers and their families when they lose
HIPPA Title I
their jobs. Coverage under COBRA for 18 months
national standards for electronic healthcare transactions, national identifiers for
HIPPA Title II
providers, confidential record keeping, access to records
W/out consent only for providing treatment, obtaining payment, performing non
HIPPA CONT
treatment operational tasks
Truth in financial reporting which provides SEC oversight. Financials checked by
Sarbanes-Oxley Act independent auditors. Monitor and report internal controls. Annual assessment due
to SEC. CEO/CFO must sign off on all audits.
account balance the difference between the total debits and the total credits in an account
Accrued interest payable current liability
Amoritazation the paying off of a debt in regular installments over a period of time
the cash, inventory, property, plant, and equipment, and other investments a
Assets
company has made
A financial statement that reports assets, liabilities, and owner's equity at any given
Balance Sheet
point
NAB CORE RCAL-FINANCIAL
Control Systems Measurement, evaluation and correction. spenddown
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