MOD C: OFFICE - FINAL exam terminology Flashcards
Brief description of one’s professional or work experience and qualifications.
resume
Coordinating insurance coverage between two insurance carriers.
coordination of benefits
Fixed amount of cash maintained
change funds`
summary of all charges, payments, credits, and debits for the month.
statement
orm of insurance that reimburses an employer for loss resulting from theft by an employee.
bonding
Person who has agreed to pay for services or for an account.
responsible party
End of an employee/employer relationship, which can be initiated by the employee or the employer.
termination
Overhead costs of a business that must be paid to keep operating.
expenses
Itemized memorandum of funds to be deposited into the bank
deposit slip
Itemized list of goods that specifies the prices and terms of sale. (
invoice
Insurance company that pays the claims and collects premiums.
carrier
Itemized listing of shipped goods.
packing slip
Formal meeting in person to assess the qualifications of an applicant.
interview
Dentist who provides treatment to the patient
provider
Business expenses that are ongoing.
fixed overhead
Payments on any outstanding accounts payable.
disimbursements
Fee that is within the range of the usual fee charged for the service.
customary fee
Activity or job performed, usually for payment.
employment
Financial statement that documents all account transactions.
ledger
Describes the documentation of money transactions within a business.
posted
Profession or occupation that usually requires a specific educational background.
career
The total of all income received.
gross income
Fee that is considered justified for an extensive or complex treatment.
reasonable fee
Any charge, payment, or adjustment made to a financial account.
transaction
Gross income minus expenses.
net income
