Chapter 20 Flashcards
1
Q
Payment made by the office for goods or services purchased:
A
accounts payable
2
Q
Unfair debt collection practices can result in:
A
penalties apply
3
Q
What is another term for NSF?
A
bounced check
4
Q
Checks with a perforation and a stub attached are called:
A
voucher checks
5
Q
A financial hardship case may include what:
A
uninsured, elderly, limited income
6
Q
What does the Fair Debt Collections Act of 1977 do:
A
governs the way we can collect debts
7
Q
Expenses that fall under the operating budget:
A
rent, supplies, payroll, utilities
8
Q
Define petty cash:
A
used for unexpected expenditures
9
Q
What does FDCPA stand for:
A
Fair Debt Collections Practices Act of 1977
