Medical Office Procedures- homework

Please Study Accounting and daily bookkeeping, and answer the following questions:

1-What is accounting ? What are the assets ?

2-A system of recording, classifying, and summarizing financial transactions is called: a-Bookkeeping. b-Depreciation. c-Accruing. d-Accounting.

3-The document prepared for each patient that includes the patient’s name, address, home and work telephone numbers, and the name of the person responsible for payment is: a-Payee. b-Account payable. c-Balance sheet. d-Ledger card.

4-What is the Pegboard Bookkeeping System, and what are the advantages to use the Pegboard System?

5-What are the advantages to use the Computerized Accounting?