Where Does the Medical Assistant Record the Appointments When a Manual

question 71

Multiple Choice

Where does the medical assistant record the appointments when a manual system is used for scheduling?

• A) Spiral-bound appointment book
• B) Computer program for keeping track of appointments
• C) Both of the above
• D) None of the above

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Definitions:

Equivalent Annual Annuity

The annual cash flow of an investment that yields the same present value as the investment’s costs, used in capital budgeting to compare the profitability of investments.

Payback

The period of time required for the return on an investment to "pay back" the initial capital outlay.

Cost of Capital

Cost of capital refers to the minimum rate of return a company must earn on its investments to satisfy its investors, creditors, and other providers of capital.

NPV

Net Present Value, a method for assessing the worth of a project or investment by applying a discount rate to future cash flows to ascertain their current value.