APEA Practice Exam – Study Guide & Verified Questions 2026–2027 1 of 22 2026-03-23
APEA Practice Exam –
Study Guide & Verified
Questions 2026–2027
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_Page 1
Page 1 of 22 APEA Practice Exam – Study Guide & Verified Questions 2026–2027.pdf
, APEA Practice Exam 2 of 22 2026-03-23
APEA Practice Exam
Study online at https://quizlet.com/_ee4xw7
1. A liability policy that pays claims even after the policy B
is no longer active is termed:
a) Claims-made policy
b) Tail coverage
c) Liability protection
d) "all-protect"
2. A patient you are caring for in your clinic has Medicare B
Part B. What does this mean?
a) The federal government will pay for his visit to your
clinic today
b) His Medicare benefit covers outpatient services
c) He will have to pay a copay for his visit today
d) His prescriptions will be partly paid for today
3. Certification B
a) Is required in all 50 states
b) Validates competence
c) Is recognized by all 50 states
d) Provides for title protection
4. A liability policy that pays claims only during the period A
that the policy is active is termed:
a) Claims-made policy
b) Tail coverage
c) Liability protection
d) Bobtail coverage
5. The Medicaid health program is: C
a) Funded with premiums from participants
b) Covers an unlimited number of adult visits
Page 2 of 22 Page 2 APEA Practice Exam.pdf
, APEA Practice Exam 3 of 22 2026-03-23
APEA Practice Exam
Study online at https://quizlet.com/_ee4xw7
c) Funded by both state and federal governments
d) Basically the same from state to state
6. Licensure is: A
a) Used to establish a designated level of professional
competence
b) Contigent on certification
c) Intended to limit entry in the profession
d) Necessary for reimbursement
7. Prescriptive authority: B
a) Is a right of every practicing nurse practitioner
b) Varies from state to state
c) Is not part of the consensus model
d) Is dependent on certification
8. An FNP has agreed to participate in the Medicare A
health insurance program. Medicare pays 80% of the
charges billed for a clinic visit. What can be done about
the other 20% that is owed?
a: The NP can bill the patient for a percentage of the
remainder
b: The NP is prohibited from billing the patient
c: The NP can collect 90% if billed incident to the MD
d: The NP can resubmit the bill for additional payment
9. A patient you are examining in the clinic states he has C
Medicare Part A only. What does this mean?
a: Your visit will be reimbursed by the federal govern-
ment
b: Your visit will be reimbursed if you bill incident to the
physician
Page 3 of 22 Page 3 APEA Practice Exam.pdf
APEA Practice Exam –
Study Guide & Verified
Questions 2026–2027
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_Page 1
Page 1 of 22 APEA Practice Exam – Study Guide & Verified Questions 2026–2027.pdf
, APEA Practice Exam 2 of 22 2026-03-23
APEA Practice Exam
Study online at https://quizlet.com/_ee4xw7
1. A liability policy that pays claims even after the policy B
is no longer active is termed:
a) Claims-made policy
b) Tail coverage
c) Liability protection
d) "all-protect"
2. A patient you are caring for in your clinic has Medicare B
Part B. What does this mean?
a) The federal government will pay for his visit to your
clinic today
b) His Medicare benefit covers outpatient services
c) He will have to pay a copay for his visit today
d) His prescriptions will be partly paid for today
3. Certification B
a) Is required in all 50 states
b) Validates competence
c) Is recognized by all 50 states
d) Provides for title protection
4. A liability policy that pays claims only during the period A
that the policy is active is termed:
a) Claims-made policy
b) Tail coverage
c) Liability protection
d) Bobtail coverage
5. The Medicaid health program is: C
a) Funded with premiums from participants
b) Covers an unlimited number of adult visits
Page 2 of 22 Page 2 APEA Practice Exam.pdf
, APEA Practice Exam 3 of 22 2026-03-23
APEA Practice Exam
Study online at https://quizlet.com/_ee4xw7
c) Funded by both state and federal governments
d) Basically the same from state to state
6. Licensure is: A
a) Used to establish a designated level of professional
competence
b) Contigent on certification
c) Intended to limit entry in the profession
d) Necessary for reimbursement
7. Prescriptive authority: B
a) Is a right of every practicing nurse practitioner
b) Varies from state to state
c) Is not part of the consensus model
d) Is dependent on certification
8. An FNP has agreed to participate in the Medicare A
health insurance program. Medicare pays 80% of the
charges billed for a clinic visit. What can be done about
the other 20% that is owed?
a: The NP can bill the patient for a percentage of the
remainder
b: The NP is prohibited from billing the patient
c: The NP can collect 90% if billed incident to the MD
d: The NP can resubmit the bill for additional payment
9. A patient you are examining in the clinic states he has C
Medicare Part A only. What does this mean?
a: Your visit will be reimbursed by the federal govern-
ment
b: Your visit will be reimbursed if you bill incident to the
physician
Page 3 of 22 Page 3 APEA Practice Exam.pdf
