mod c unit 3

document indicating the activity in an account

person paying a debt

person reveiving payment of a debt

financial activity of a business

total earnings paid to an employee after payroll taxes and other deductions have been taken

total amount of money earned before deductions are taken out

amount of money not able ot be collected

listing of a physicians' charge for services

anything of value owned by a business that can be used to acquire other items

report showing the results of income and expenses over time

report that indicated the cinancial condition of a business

system that provides insurance to the employer for a worker injured on the job

using a written future date

tool used to analyze the effect of a transaction on an account

report on the financial condition of a business on a certain date

record of a pt's transactions showing an amount due

type of endorsement in which payee indicates a sole purpose for funds

report that shows how long a debt has gone unpaid

amount owed, debt

respresenting liabilities

legislation requiring a disclosure statement that informs a patient of a procedure's total cost, including finance charges

write it once system is also known as the _______________

what does a blank endorsement mean?

superbill

anything of value owned by a business that can be used to acquire other items

t or f. A write-off is done when a portion or entire amount of the charges cannot be collected
True False

what is the term for money prepared and sent to a financial institution

These are sometimes give to their health care professionals and their families

which of the following is recored in the payroll?

what is the term for an employee's total earnings after payroll taxes and other deductions have been taken?

t or f. checks marked paid in full should not be accepted unless the amount covers the entire amount
True False

acts as a journal for recording the day activities

contains demographics about pt as well as important billing info

describes a fixed fee paid by patient at each office visit

shows the results of income and expenses over time

t or f. statement receipt is another name for a receipt-charge slip
True False

what is the name for reports that tell the owner the fiscal condition of a practice

wage and hour law

federal law requires______________ to be deducted from an employee's gross pay

term for the listing of a phy's charges for service