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Question 1 of 37
1. Question
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Hint: The diamond symbol flags HCPCS codes that denote exclusions from Medicare reimbursement—think “not covered by Medicare” rather than instructions, newness, or uncertainty of coverage.
Question 2 of 37
2. Question
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Hint: Remember that bank statements are periodic records showing the ending balance for the period and should be compared against the practice’s records when received—this is typically done monthly as part of routine reconciliation.
Question 3 of 37
3. Question
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Hint: Consider typical office policy and who bears responsibility for returned or “bounced” checks—many practices pass on bank penalties to the patient as an NSF fee and notify them about the returned payment.
Prepare for the AAMA CMA exam with our free Bookkeeping, Credits and Collections practice test. Featuring 37 questions, this quiz covers day sheets, ledgers, banking, and collection procedures. You will get instant scoring and rationales for each question. Whether you are reviewing accounts payable or collection laws, this test builds confidence. Take it now to ensure you are ready for the administrative section!
This practice test covers: – Day sheets, ledgers, and journal entries – Banking procedures and reconciliation – Accounts receivable and aging reports – Credit arrangements and collection laws – Payroll and bookkeeping software basics – Financial reporting fundamentals
