Chapter 2: Bookkeeping Practices Flashcards
1
Q
Bookkeeping transactions must be exact, what would happen if there is an error during data entry?
A
It will carry through all the other documents, thus compounding the error.
2
Q
What is the first guideline to work with care and accuracy?
A
Make sure all entries post to the correct patient account.
3
Q
What is the second guideline to work with care and accuracy?
A
When entering data, be careful not to make an error.
4
Q
What is the third guideline to work with care and accuracy?
A
Double-check all entries for accuracy.
5
Q
What is the fourth guideline to work with care and accuracy?
A
Bookkeeping activities can become an overwhelming chore if not performed daily.
