TEST BANK for Fordneys Medical Insurance,

Finance and Insurance Aug 1, 2025
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Franklyne A plus Pass

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Franklyn A Plus Pass TEST BANK for Fordney's Medical Insurance, 17th Edition by Linda M. Smith All Chapters Covered 1-20| Verified Questions & Accurate Solutions| A+ GRADE GUARANTEED

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Franklyne A plus Pass

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Franklyn A Plus Pass

Chapter 01: Role of an Insurance Billing Specialist

MULTIPLE CHOICE

1. The primary goal of an insurance billing specialist is:

  • to manage the health care organization’s billing office
  • to ensure the cash flow of a health care organization through revenue cycle management
  • to send bills to patients for services they receive
  • to post payments received from patients and insurance carriers
  • CORRECT ANSWER: B DIF: Moderate OBJ: 2

2. Facility billing includes charging for medical services provided by:

  • physicians
  • laboratory services
  • ambulance services
  • ambulatory surgical centers
  • CORRECT ANSWER: D DIF: Easy OBJ: 2

  • A claims assistance professional
  • works for the consumer.
  • works for the health care organization.
  • works for an insurance company.
  • works for the federal government.
  • CORRECT ANSWER: A DIF: Easy OBJ: 2

  • What is ―cash flow‖ in a medical practice?
  • The actual money available to a medical practice
  • The amount of money received by a medical practice in 1 day 2 / 4
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Franklyne A plus Pass

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Franklyn A Plus Pass

  • The amount of money received by a medical practice in 1 month
  • The amount of outstanding money on the accounts receivable
  • CORRECT ANSWER: A DIF: Moderate OBJ: 2

  • Which level of education is generally required for one who seeks employment as an insurance coder?
  • College diploma
  • High school diploma
  • Completion of an accredited program for coding certification
  • No specific level of education is required
  • CORRECT ANSWER: C DIF: Easy OBJ: 4

  • The amount of money an insurance billing specialist earns is dependent on which of the following
  • factors?

  • Knowledge
  • Experience
  • Size of employing institution
  • All are correct
  • CORRECT ANSWER: D DIF: Moderate OBJ: 5

  • A self-employed medical insurance biller who does independent contracting is responsible for
  • advertising.
  • billing.
  • accounting.
  • All are correct.
  • CORRECT ANSWER: D DIF: Hard OBJ: 2

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Franklyn A Plus Pass

  • Medical etiquette refers to
  • consideration for others.
  • moral principles or practices.
  • laws.
  • the Oath of Hippocrates.
  • CORRECT ANSWER: A DIF: Moderate OBJ: 9

  • The process of shortening words and using abbreviations that do not follow standard grammar, spelling

and punctuation when writing electronic mail communications is referred to as:

  • emoticons
  • abbreviations
  • text speak
  • short text
  • CORRECT ANSWER: C DIF: Easy OBJ: 9

  • Professional ethics include
  • state laws.
  • federal laws.
  • standards of conduct.
  • civil torts.
  • CORRECT ANSWER: C DIF: Moderate OBJ: 9

  • The earliest written code of ethical principles for the medical profession is the
  • Oath of Hippocrates.
  • Socratic oath.
  • Code of Hammurabi.
  • Medicolegal oath.
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Category: Finance and Insurance
Added: Aug 1, 2025
Description:

Franklyne A plus Pass Franklyn A Plus Pass TEST BANK for Fordney's Medical Insurance, 17th Edition by Linda M. Smith All Chapters Covered 1-20| Verified Questions & Accurate Solutions| A+ GRADE GUA...

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