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AOL ✔Correct Answer-Assets=Owners Equity + Liability
Under FLSA - paid vac, sick leave, holiday pay T or F ✔Correct Answer-F
Management info systems include:
All computer hardware
All computer software
All network connections
All the above ✔Correct Answer-All the above
In peer-to-peer network, ea computer can act as both a client and a __________ ✔Correct
Answer-server
Peer-to-peer networks are adequate if ________ is not an issue ✔Correct Answer-Security
A dedicated server is a computer not used as a __________ ✔Correct Answer-Client
What is a numerical identification assigned to devices participating in a computer network
called? ✔Correct Answer-Internet protocol address
The most important role of the backup is ___________ ✔Correct Answer-Disaster Recovery
A network firewall protects a computer network from ______ access ✔Correct Answer-
Unauthorized
When a computer uses the same internet protocol(IP) address each time it powers up, it is said
to be using the _________ ✔Correct Answer-Status IP address
What does the abbreviation LAN stands for? ✔Correct Answer-Local Area Network
A router is a device that forwards "packets" between _____ ✔Correct Answer-Networks
User data would best be stored on a ________ ✔Correct Answer-Network drive
Network infrastructure is the physical hardware used to _______ computers and users
✔Correct Answer-Interconnect
,What is the term for a website-like set of documents, organized within a company to share
policies, procedures, news,, and other important corporate information? ✔Correct Answer-An
intranet
What is the advantage of using a network system in the office?
Allows sharing of data
Provides regular backups
Costs are reduced
All of the above ✔Correct Answer-All of the above
This port resembles a telephone jack and is used for wired network access. ✔Correct Answer-
Ethernet port
A device specifically located on the network to limit access from the outside, is called a
_________ ✔Correct Answer-Firewall
Fiber-optics, DSL, T1s and the cable-modem are all examples of ____________, the broad
network of data transmission. ✔Correct Answer-Telecommunications
The single most important role of a data backup system is its ability to _____ data in the case of
a catastrophic failure of hardware or software ✔Correct Answer-Restore
Specialized computers that manage network resources and allow computers access to the
network are called ________ ✔Correct Answer-Servers
Worms have the ability to burrow into your email address book and send themselves without
any assistance T or F ✔Correct Answer-T
An extended reporting endorsement is commonly applicable to claims-made professional
liability policies because?
a. Premiums can be paid monthly instead of quarterly
b. Claims otherwise must be reported prior to the policy termination date.
c. Addtl insures must be notified of any claims under such policies
d. Claims under such policies requires additional time for processing. ✔Correct Answer-Claims
otherwise must be reported prior to the policy termination date
The difference between a blanket fidelity bond and a schedule fidelity bond is:
a. A schedule bond will usually provide a lesser level of coverage
b. A blanket bond usually covers more employees
c. A schedule bond is usually ties to a specific time frame for coverage.
d. A blanket bond usually provides coverage for a wider array of fraudulent acts. ✔Correct
Answer-B. A blanket bond usually covers more employees
Which of the following statements is true?
,a. All disability policy benefits are tax-free
b. Benefits from a personal disability policy usually are tax free if premiums are paid from post-
tax compensation
c. Benefits from a personal disability policy usually are tax-free if premiums are paid by the
practice as a deductive business expense.
d. Disability policy benefits are always considered to be taxable income to the disabled
individual. ✔Correct Answer-B. Benefits from a personal disability policy usually are tax-free if
premiums are paid from post-tax compensation
Workers compensation policies provide supplemental compensation benefits to employees who
are terminated due to layoffs? T or F ✔Correct Answer-F
For some insurance products, discontinuation of the policy before it expires can result in:
✔Correct Answer-An increase of premiums for the covered period prior to termination
When reviewing payer contract reimbursements, a practice should focus on the top _____
procedures performed by the practice. ✔Correct Answer-20
To determine if a payer contract should be kept, the practice should consider which items?
a. Fee structure compare with Medicare allowable
b. Ability of staff to gain authorizations for covered procedures
c. Ability of practice to be paid in a timely manner
d. All of the above ✔Correct Answer-All of the above
What is the dollar amount written off as a result of contractual modifications called?
✔Correct Answer-Adjustments
The method of using an electronic means to transmit claims from a practice management
systems is known as ✔Correct Answer-Electronic submission
In addition to the reimbursement rates for a contract, the practice should also consider which of
the following items of contract performance?
a. Burdensome paperwork or processing requirements
b. Delayed or inaccurate payment
c. Unjustified rejection or down coding of billings
d. Limited referral options to other providers/facilities
e. All the above ✔Correct Answer-All the above
If terminating a payer contract is the best alternative for a practice, which of the following
should a practice consider?
The notification of patients
The notification of referring physicians
Angry and confused patients
All of the above
, None of the above ✔Correct Answer-All of the above
A practice should also consider which of the following when evaluating the performance of a
contract?
a. ASC revenue
b. Vision plans
c. Accuracy of payments
d. The personal relationship with the insurance company's representative
e. a,b, and c
f. All the above
g. None of the above ✔Correct Answer-e.
Termination may be the practices best option if a payer is unwilling to negotiate an equitable
contract. T or F ✔Correct Answer-T
Which of these stmts is true related to a payers fee schedule?
a.Fee schedules are typically determined by geographical marker, providing fees either above or
below the Medicare allowable.
b.A contract is worthless unless it provides a fee schedule the same or higher than the Medicare
allowable.
c.Fee schedules are too difficult to negotiate so practices are better off providing only self-pay
services.
d. None of the above
e. All of the above ✔Correct Answer-a. Fee schedules are typically determined by
geographical marker, providing fees either above or below the Medical allowable
An eye care provider licensed to diagnose and treat disease of the eye and to perform eye
surgery is an ✔Correct Answer-Ophthalmologist
An eye care provider licensed to diagnose and treat disease of the eye, but unable to perform
invasive eye surgery is an: ✔Correct Answer-Optometrist
An eye care professional licensed to fabricate and dispense eye glasses is an ✔Correct
Answer-Optician
Major surgeries are most commonly performed in ✔Correct Answer-A certified surgical
facility
Devices prescribed to correct refractive errors are ✔Correct Answer-Glasses and contact lens
The most cost effective marketing in an ophthalmology-owned optical is: ✔Correct Answer-An
employee referrral