Question 1

What phrase in the Status column of the Statement Management dialog box is used to indicate that the transaction has been billed and fully paid?

Accepted Answer

The phrase "Done" in the Status column of the Statement Management dialog box indicates that the transaction has been billed and fully paid.

Question 2

What column of the Statement Management dialog box is used to indicate the format for a statement?

Accepted Answer

The answer of What column of the Statement Management dialog...

Question 3

Either Standard or ____________ must be entered in the Type column in the Statement Management dialog box.

Accepted Answer

The answer of Either Standard or ____________ must be entered...

Question 4

What are the buttons at the bottom of the Transactions tab used to do?

Accepted Answer

The answer of What are the buttons at the bottom...

Question 5

Which tab in the Statement dialog box provides a place to include notes about the statement?

Accepted Answer

The answer of Which tab in the Statement dialog box...

Question 6

Which tab in the Statement dialog box lists the transactions placed on the statement?

Accepted Answer

The Transactions tab in the Statement dialog box lists the transactions placed on the statement, allowing users to review or modify them as needed.

Question 7

Which tab in the Statement dialog box includes information about the status, billing method, and type of a statement?

Accepted Answer

The General tab in the Statement dialog box typically includes information about the status, billing method, and type of a statement, among other general details about the statement.

Question 8

What does the Initial Billing Date in the General tab of the Statement dialog box indicate?

Accepted Answer

The Initial Billing Date in the General tab of the Statement dialog box indicates the date the statement was first created.

Question 9

What type(s) of statement may be indicated by the Type field in the General tab of the Statement dialog box?

Accepted Answer

The Type field in the General tab of the Statement dialog box can indicate both "standard" and "remainder" types of statements, allowing for differentiation between regular billing statements and those indicating a remaining balance.

Question 10

What are the Status buttons in the General tab of the Statement dialog box used to indicate?

Accepted Answer

The Status buttons in the General tab of the Statement dialog box are used to indicate the current status of the statement.

Question 11

What field in the General tab of the Statement dialog box shows how many times a statement has been sent or printed?

Accepted Answer

The "Submission Count" field in the General tab of the Statement dialog box indicates how many times a statement has been sent or printed.

Question 12

What must the report selected in the Open Report dialog box match?

Accepted Answer

The report selected in the Open Report dialog box must match the type of statement selected in the Statement Type field of the Create Statements dialog box to ensure consistency and accuracy in the data being reported.

Question 13

What type of patient statements are printed and mailed by the practice?

Accepted Answer

Patient statements that are printed and mailed by the practice are referred to as paper statements.

Question 14

What type of patient statements are sent electronically to a processing center, which then prints and mails them?

Accepted Answer

Electronic patient statements are sent electronically to a processing center for printing and mailing.

Question 15

In this type of billing system, patient statements are created and sent on a staggered basis rather than all at once.

Accepted Answer

Cycle billing refers to the process where patient statements are generated and sent out in batches at different times, rather than sending all statements at once. This approach helps in managing the billing process more efficiently and ensures continuous cash flow.

Question 16

In this type of billing system, patient statements are printed and mailed all at once.

Accepted Answer

Once-a-month billing system involves generating and sending all patient statements at the same time each month.

Question 17

You are working at a practice that has a very busy daily schedule and needs to standardize the times when statements are handled and payments are due. What type of billing should the practice use?

Accepted Answer

Cycle billing is a method where the billing process is divided into different cycles throughout the month, allowing for a more manageable and standardized handling of statements and payments. This approach can help a busy practice distribute its billing tasks more evenly over time.

Question 18

You are working at a practice that prefers to handle all of its monthly billing at one time so that it can focus on providing services the rest of the month. What type of billing should the practice use?

Accepted Answer

Once-a-month billing allows the practice to handle all billing at one time, aligning with their preference to focus on services for the rest of the month.

Question 19

How would you only print statements that have a Ready to Send status?

Accepted Answer

Entering a zero in the Batch Number Match field is typically used to filter and print statements that have a specific status, such as "Ready to Send."

Quiz 7: Posting Payments and Creating Patient Statements