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If the amounts totaled from superbills and Explanation of Benefits forms (EOBs) do NOT match the report totals, the medical office specialist should:
A)review the report, superbills, and EOBs patient by patient to locate any errors.
B)submit the report to a supervisor with a memo stating the problem.
C)call the computer system repair person to check the program.
D)go home and address the problem the next day with a fresh outlook.
Accounts Receivable
Money owed to a company by its customers from sales or services rendered on credit.
Income Tax Payable
A liability account on a company's balance sheet representing the taxes owed to the government but not yet paid.
Sales
The trading of products or services in return for money, which serves as the main income stream for the majority of companies.
Cost of Goods Sold
The immediate expenses incurred in the production of a company's sold goods, encompassing materials, labor, and overhead costs.
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