A Physician Chooses to Create Different Revenue Accounts for Physical

question 8

Multiple Choice

A physician chooses to create different revenue accounts for physical examinations, office visits, and office surgical procedures. What advantage does this have over creating a combined revenue account for all medical services?

• A) Easier to make revenue accounting entries
• B) Provides a simpler chart of accounts
• C) Easier to see which type of service is generating the most revenues
• D) Provides a simpler line item control

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Definitions:

Sexual Activity

Behavioral acts that include direct sexual contact and arousal between individuals, which may or may not involve intercourse.

Herpes

A group of viral infections causing sores and blisters on different parts of the body, most commonly on the mouth or genitals.

Open Sores

Wounds or ulcers on the skin or mucous membranes that are exposed and not covered by skin.

Infection

The invasion and multiplication of microorganisms such as bacteria, viruses, and parasites that are not normally present within the body, often causing illness.