Question 1

An instrument that is legally transferable to another party is said to be __________.

Accepted Answer

negotiable
A negotia

Question 2

What is the first thing the medical assistant should do when a check is returned unpaid by the bank?

Accepted Answer

A)  Contact the person who wrote the check. 
B)  File it with the district attorney's office. 
C)  Send a letter refusing to see the person as a patient until the matter is resolved. 
D)  Write off the account. 
A)  Contact the person who wrote the check. 
B)  File it with the district attorney's office. 
C)  Send a letter refusing to see the person as a patient until the matter is resolved. 
D)  Write off the account.

Question 3

The maker of the check is the person to whom it is written.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is not an acceptable reason for stop-payment on a check?

Accepted Answer

A)  Loss of check 
B)  Disagreement about a purchase 
C)  Insufficient funds 
D)  Disagreement about a payment 
A)  Loss of check 
B)  Disagreement about a purchase 
C)  Insufficient funds 
D)  Disagreement about a payment

Question 5

Which of the following is required for a check endorsement?

Accepted Answer

A)  Ink pen or rubber stamp 
B)  On the back of the check 
C)  Across the left or perforated end 
D)  Both A and B 
E)  All of the above 
A)  Ink pen or rubber stamp 
B)  On the back of the check 
C)  Across the left or perforated end 
D)  Both A and B 
E)  All of the above

Question 6

A patient writes a check for $44 that is returned from the bank. The physician charges a fee of $30 for NSF checks. How much should be added back to the patient's account?

Accepted Answer

The answer of A patient writes a check for $44...

Question 7

A capital sum of money due as a debt or used as a fund for which interest is either charged or paid is called

Accepted Answer

A)  disbursement. 
B)  reconciliation. 
C)  principal. 
D)  holder. 
A)  disbursement. 
B)  reconciliation. 
C)  principal. 
D)  holder.

Question 8

The physician charges $2,400 for a surgical procedure. The patient pays half of the total amount as a deposit and agrees to make payments of $200 each month until the balance is clear. After three payments, what is the patient's balance?

Accepted Answer

The answer of The physician charges $2,400 for a surgical...

Question 9

For offices with a no cash policy, which type of payment is typically recommended for patients without a bank account?

Accepted Answer

A)  Cashier's check 
B)  Money order 
C)  Voucher check 
D)  Either A or B 
E)  All of the above 
A)  Cashier's check 
B)  Money order 
C)  Voucher check 
D)  Either A or B 
E)  All of the above

Question 10

Many banks offer applications that can be downloaded for free on smart phones and computers that will let the user deposit checks from any location.

Accepted Answer

A) True 
 B)False

Question 11

A check drawn on the bank's own account and signed by an authorized bank official is called a

Accepted Answer

A)  bank draft. 
B)  voucher check. 
C)  cashier's check. 
D)  certified check. 
A)  bank draft. 
B)  voucher check. 
C)  cashier's check. 
D)  certified check.

Question 12

Bank statements should be checked immediately upon receipt and scanned carefully for errors.

Accepted Answer

A) True 
 B)False

Question 13

A person who writes a check is sometimes called the __________.

Accepted Answer

drawer
The

Question 14

A(n) __________ endorsement is used in preparing checks for deposit to the physician's checking account.

Accepted Answer

restrictive
Restrict

Exam 17: Banking Services and Procedures

An instrument that is legally transferable to another party is said to be __________.

What is the first thing the medical assistant should do when a check is returned unpaid by the bank?

The maker of the check is the person to whom it is written.

Which of the following is not an acceptable reason for stop-payment on a check?

Which of the following is required for a check endorsement?

A patient writes a check for $44 that is returned from the bank. The physician charges a fee of $30 for NSF checks. How much should be added back to the patient's account?

A capital sum of money due as a debt or used as a fund for which interest is either charged or paid is called

The physician charges $2,400 for a surgical procedure. The patient pays half of the total amount as a deposit and agrees to make payments of $200 each month until the balance is clear. After three payments, what is the patient's balance?

For offices with a no cash policy, which type of payment is typically recommended for patients without a bank account?

Many banks offer applications that can be downloaded for free on smart phones and computers that will let the user deposit checks from any location.

A check drawn on the bank's own account and signed by an authorized bank official is called a

Bank statements should be checked immediately upon receipt and scanned carefully for errors.

A person who writes a check is sometimes called the __________.

A(n) __________ endorsement is used in preparing checks for deposit to the physician's checking account.

Competency-Based Education and the Medical Assistant Student

The Medical Assistant and the Healthcare Team

Professional Behavior in the Workplace

Therapeutic Communications

Medicine and Law

Medicine and Ethics

Technology and Written Communication in the Medical Office

Telephone Techniques

Scheduling Appointments and Patient Processing

Daily Operations in the Ambulatory Care Setting

The Health Record

Basics of Diagnostic Coding

Basics of Procedural Coding

Basics of Health Insurance

Medical Billing and Reimbursement

Patient Accounts, Collections, and Practice Management

Supervision and Human Resources Management

Medical Practice Marketing and Customer Service

Infection Control

Patient Assessment

Patient Education

Nutrition and Health Promotion

Vital Signs

Assisting with the Primary Physical Examination

Principles of Pharmacology

Pharmacology Math

Administering Medications

Safety and Emergency Practices

Assisting in Ophthalmology and Otolaryngology

Assisting in Dermatology

Assisting in Gastroenterology

Assisting in Urology and Male Reproduction

Assisting in Obstetrics and Gynecology

Assisting in Pediatrics

Assisting in Orthopedic Medicine

Assisting in Neurology and Mental Health

Assisting in Endocrinology

Assisting in Pulmonary Medicine

Assisting in Cardiology

Assisting in Geriatrics

Principles of Electrocardiography

Assisting with Diagnostic Imaging

Assisting in the Clinical Laboratory

Assisting in the Analysis of Urine

Assisting in Blood Collection

Assisting in the Analysis of Blood

Assisting in Microbiology and Immunology

Surgical Supplies and Instruments

Surgical Asepsis and Assisting with Surgical Procedures

Career Development and Life Skills

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