question 76
Multiple Choice
Use the following data to determine the total dollar amount of assets to be classified as current assets. Koonce Office Supplies
Balance Sheet
December 31, 2017
Cash Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings $315,000 Less: Accumulated depreciation (60,000) Trademarks Total assets $195,000150,000165,00090,000255,000270,000255,000210,000$1,590,000 Accounts payable Salaries and wages payable Mortgage payable Total liabilities Common stock Retained earnings Total stockholders’ equity Total liabilities and stockholders’ equity $210,00030,000240,000$480,000$360,000750,000$1,110,000$1,590,000
Understand the continuing education and recertification requirements for various medical assistant certifications.
Comprehend the roles and responsibilities associated with different levels and types of medical assisting duties.
Recognize the importance of scope of practice and its determination factors for medical assistants.
Identify the main organizations involved in medical assistant certification, education, and accreditation.
Definitions:
Value Creation
The process of generating additional worth through various strategies, actions, or operations, enhancing the worth of goods, services, or even a brand to stakeholders.
Team Processes
The methods and dynamics through which team members interact, communicate, and collaborate to achieve shared goals.
Participatory
Involving or allowing participation of members or partners in decision-making processes.
Neoliberalist Economic System
A political and economic philosophy advocating free markets, deregulation, and the reduction of government intervention in the economy.