Question 1

Many practice managers have a(n) ________ policy, which allows staff to come in and talk whenever the manager's office door is open.

Accepted Answer

The answer of Many practice managers have a(n) ________ policy,...

Question 2

The trial period, or ________ period, for new employees is typically 90 days. During this time, the employee undergoes staff development and training.

Accepted Answer

The answer of The trial period, or ________ period, for...

Question 3

Individuals who are usually classified as dependents are ____.

Accepted Answer

A)   former employees
B)   friends and acquaintances
C)   children and a spouse
D)   employers
E)   current employeesF) B) and E)
G) A) and C)

Question 4

The money used to pay taxes to appropriate government agencies is paid from ____.

Accepted Answer

A)   the petty cash account
B)   tax liability accounts
C)   the practice's general checking account
D)   the physician's personal account
E)   the practice's general savings accountF) C) and E)
G) B) and C)

Question 5

In a physician-owned medical practice, who is ultimately responsible for the practice?

Accepted Answer

A)   Medical director
B)   Physician
C)   Practice manager
D)   CEO
E)   PresidentF) B) and C)
G) A) and D)

Question 6

An employee payroll information sheet should include ____.

Accepted Answer

A)   the employee's Social Security number
B)   the employee's work history
C)   the employee's salary requirements
D)   all current and previous performance evaluations
E)   the employee's beneficiary in case of deathF) C) and E)
G) A) and E)

Question 7

How often will you deposit federal employment taxes for the practice?

Accepted Answer

A)   Every other week
B)   Monthly
C)   Quarterly
D)   Yearly
E)   According to the federal tax deposit scheduleF) All of the above
G) D) and E)

Question 8

The usual amount of a petty cash account is ____.

Accepted Answer

A)   $5
B)   $10
C)   $50
D)   $100
E)   $250F) B) and D)
G) B) and C)

Question 9

Which of the following is not part of a typical problem-solving model?

Accepted Answer

A)   Identification of the problem
B)   Assessment of the problem
C)   Complaints about the problem
D)   Correction of the problem
E)   Monitoring effectiveness of the solutionF) A) and E)
G) C) and E)

Question 10

Which of the following terms is used to demonstrate how each rank or level in an organization is accountable to those directly superior and how the authority passes from one level to the next?

Accepted Answer

A)   Agenda
B)   Chain of command
C)   Policies and procedures
D)   Labor relations
E)   Employee handbookF) A) and D)
G) B) and C) B

Question 11

A pay schedule ____.

Accepted Answer

A)   outlines the number of dependents
B)   refers to the total amount of income earned before deductions.
C)   verifies the employee's eligibility for employment
D)   determines the type of voluntary deductions taken
E)   shows how often an employee is paidF) D) and E)
G) C) and D)

Question 12

The human resources role of ________includes dealing with issues that arise between employees and management.

Accepted Answer

The answer of The human resources role of ________includes dealing...

Question 13

A dependent is ____.

Accepted Answer

A)   the employer
B)   the employee
C)   people who report directly to the employee
D)   a person on whom the employee is financially dependent
E)   people who are financially dependent on the employeeF) A) and E)
G) B) and D)

Question 14

The procedures that ensure that services provided in the medical practice meet or exceed the requirements and standards are _______ procedures.

Accepted Answer

The answer of The procedures that ensure that services provided...

Question 15

If an employee earns $8 per hour and works 35 hours per week, the employee's gross weekly earnings are ____.

Accepted Answer

A)   $240
B)   $280
C)   $300
D)   $340
E)   $380F) A) and E)
G) A) and D) B

Question 16

A payroll register ____.

Accepted Answer

A)   is a completed account of federal income tax deposits
B)   is used to pay taxes to appropriate government agencies
C)   summarizes information about all employees and their earnings
D)   requires employers to pay a percentage of each employee's income
E)   accompanies the practice's quarterly returns to summarize tax withheldF) A) and D)
G) B) and D) C

Question 17

An employer must pay the FUTA tax, which is ____ up to the first $7000 of the employee's income for a year, if employees' wages total more than $1500 in any quarter.

Accepted Answer

A)   12.5%
B)   10.5%
C)   6.2%
D)   4.2%
E)   1.8%F) A) and B)
G) C) and E)

Question 18

If an employee feels that she was unjustly treated, the practice manager may need to oversee the ________ process when the employee complains.

Accepted Answer

The answer of If an employee feels that she was...

Question 19

Which of the following summarizes the federal income and FICA taxes withheld from employees' paychecks?

Accepted Answer

A)   Wage and Tax Statement
B)   Employer's Quarterly Federal Tax Return
C)   Federal Unemployment Tax Act
D)   Employment Eligibility Verification
E)   Employee's Withholding Allowance CertificateF) B) and C)
G) B) and E)

Question 20

A person who depends on the employee for financial support is a(n) ________ of the employee and may be a spouse, child, or other family member.

Accepted Answer

The answer of A person who depends on the employee...

Exam 56: Practice Management

Many practice managers have a(n) ________ policy, which allows staff to come in and talk whenever the manager's office door is open.

Correct AnswerverifiedShow Answer

The trial period, or ________ period, for new employees is typically 90 days. During this time, the employee undergoes staff development and training.

Correct AnswerverifiedShow Answer

Individuals who are usually classified as dependents are ____.

Correct AnswerverifiedShow Answer

The money used to pay taxes to appropriate government agencies is paid from ____.

Correct AnswerverifiedShow Answer

In a physician-owned medical practice, who is ultimately responsible for the practice?

Correct AnswerverifiedShow Answer

An employee payroll information sheet should include ____.

Correct AnswerverifiedShow Answer

How often will you deposit federal employment taxes for the practice?

Correct AnswerverifiedShow Answer

The usual amount of a petty cash account is ____.

Correct AnswerverifiedShow Answer

Which of the following is not part of a typical problem-solving model?

Correct AnswerverifiedShow Answer

Which of the following terms is used to demonstrate how each rank or level in an organization is accountable to those directly superior and how the authority passes from one level to the next?

Correct AnswerverifiedB

A pay schedule ____.

Correct AnswerverifiedShow Answer

The human resources role of ________includes dealing with issues that arise between employees and management.

Correct AnswerverifiedShow Answer

A dependent is ____.

Correct AnswerverifiedShow Answer

The procedures that ensure that services provided in the medical practice meet or exceed the requirements and standards are _______ procedures.

Correct AnswerverifiedShow Answer

If an employee earns $8 per hour and works 35 hours per week, the employee's gross weekly earnings are ____.

Correct AnswerverifiedB

A payroll register ____.

Correct AnswerverifiedC

An employer must pay the FUTA tax, which is ____ up to the first $7000 of the employee's income for a year, if employees' wages total more than $1500 in any quarter.

Correct AnswerverifiedShow Answer

If an employee feels that she was unjustly treated, the practice manager may need to oversee the ________ process when the employee complains.

Correct AnswerverifiedShow Answer

Which of the following summarizes the federal income and FICA taxes withheld from employees' paychecks?

Correct AnswerverifiedShow Answer

A person who depends on the employee for financial support is a(n) ________ of the employee and may be a spouse, child, or other family member.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
B

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
B

Correct Answer
verified
C

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified