Which of the Following Are Tests That a Physician's Office

question 7

Multiple Choice

Which of the following are tests that a physician's office laboratory may perform if it has been granted a Certificate of Waiver?

• A) Bacteriology and immunology
• B) Cytology and histopathology
• C) Chemistry and hematology
• D) Mycology and immunohematology
• E) Erythrocyte sedimentation rate and urinalysis

---

Definitions:

Credit Sales

Sales made on credit, allowing the customer to pay at a later date, typically generating accounts receivable.

Credit Balance

A situation in an account where the total credits exceed the total debits, indicating a positive balance or amount owed to that account.

Bad Debt Expense

An expense recognized when a company determines that receivables cannot be collected.

Allowance for Doubtful Accounts

A contra-asset account that reduces total receivables to reflect the estimated uncollectible amounts.