When the Practice Receives the EOBs and Documentation of Deposit

question 32

Multiple Choice

When the practice receives the EOBs and documentation of deposit from the lockbox, the office insurance specialist should: (Select all that apply)

• A) add up the EOBs to ensure that the total equals the company's check.
• B) consider "batching" the EOBs if there are a lot of them.
• C) call the bank to ensure all EOBs are accounted for in the case of a discrepancy.
• D) all of the above.

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Definitions:

Independent Entities

Organizations or bodies that operate autonomously and are not controlled by external forces or parties.

Supreme Court Decision

A ruling handed down by the Supreme Court, the highest federal court in the United States, which sets a legal precedent.

Electoral College

A group of representatives created by the United States Constitution to officially elect the President and Vice President, according to the popular votes from each state.

Constitutional Amendment

A change or addition to the constitution, a process that allows for the legal and formal adjustment of the constitution's contents.