Accounts Payable
CORRECT ANSWER - Outstanding business obligations that are owed to others.
Accounts Receivable
CORRECT ANSWER - Outstanding obligations owed to the business by others.
Cash Flow Statement
CORRECT ANSWER - A picture of all cash inflows and outflows within the business.
Gross Profit
CORRECT ANSWER - The percentage of business income before expenses.
Just in Time (JIT)
CORRECT ANSWER - A strategy to improve a business return on investment.
Net Income/Profit
CORRECT ANSWER - Revenues minus expenses.
,Net Worth
CORRECT ANSWER - The total value of a business.
Return on Investment (ROI)
CORRECT ANSWER - A measurement of success of a project; the percent of profit earned on an
investment.
An optometrist is licensed by which governing body:
CORRECT ANSWER - State
The person generally responsible for grinding or duplicating lenses is the:
CORRECT ANSWER - Optician
A doctor of medicine specializing in surgery is an:
CORRECT ANSWER - Ophthalmologist
Ophthalmic Medical Personnel can do all BUT
CORRECT ANSWER - Offer medical diagnoses
, A person who collects patient data, administers tests of the patient's visual capabilities, and assists in
office management would be best described as a/an
CORRECT ANSWER - Paraoptometric
When a staff member receives a call but is busy with a patient, the person answering the phone should
politely ask
CORRECT ANSWER - for a return number or if someone else might be of assistance
Prior to scheduling a patient appointment, what should be done first?
CORRECT ANSWER - Make certain the purpose of the visit is known, to schedule properly
What is the most straightforward type of filing system?
CORRECT ANSWER - Alphabetical
Which is not a part of implementing HIPAA?
CORRECT ANSWER - Unlimited PHI disclosure for staff developing crisis.
Which is not required for documentation of released PHI?
CORRECT ANSWER - Age, name, password
Ciliary Muscle