A person chooses to follow the cash accounting approach in their personal finances. Which of the following transactions best demonstrates this process?

A. buying some clothing on credit - making and recording the monthly payments on the credit card until the full amount is paid off
B. ordering a new magazine subscription and choosing the option for them to bill you later - making and recording the payment when the bill is received in the mail
C. taking your colleagues out to lunch and paying cash - recording the payment
D. All the scenarios demonstrate a cash accounting approach.
E. None of the scenarios demonstrate a cash accounting approach.


Answer: D

Health Professions

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There has been a very serious motor vehicle collision involving a high-profile judge seeking reelection. The judge was traveling at a high rate of speed and crossed the center line, striking and killing a motorcyclist. Newspaper reporters are on location, asking you to describe what happened. Which one of the following statements is most appropriate?

A) "The judge was involved, but I cannot tell you anything that happened." B) "The judge was in the car that hit and killed the motorcyclist." C) "There has been a serious accident in which a person was killed." D) "The accident was not bad, so please leave the scene."

Health Professions

What is covered in the yellow section of the ERG?

a. It contains the names of the hazardous materials listed alphabetically with their corresponding identification numbers. It provides a guide number that refers the user to the Orange Section. b. It provides a listing of the individual identification numbers and the hazardous materials having that number. A guide number that refers the user to the Orange Section is also provided. c. It contains 172 individual guide numbers, each of which constitutes a two-page summary of information concerning the potential hazards of the referenced hazardous material, recommended actions that relate to public safety, and recommended emergency-response actions to be implemented during a transportation mishap involving the material in question. d. It contains information concerning initial isolation and protective-action distances for small and large spills of hazardous materials that are highlighted in the yellow and blue sections. It also provides a list of dangerous-when-wet materials.

Health Professions

A patient requires an injection of 40 mg of methylprednisolone. What is the correct HCPCS code?

a. J1020 b. J1020 x 2 c. J1030 d. J1040

Health Professions

The first step that the medical office specialist is responsible for before submitting a medical claim is:

A) verifying patient insurance benefits. B) obtaining correct and complete patient information. C) entering patient information data into the computer. D) posting charges and diagnoses.

Health Professions