When reconciling a bank statement for the operating checking account of a medical practice, the bookkeeper sees two bank charges of $25 for stopping payment on checks that vendors said did not arrive in the mail. The bookkeeper should ____.
A. transfer $50 from the cash account to the operating checking account
B. make two journal entries in the account ledger
C. write new checks to the vendors that are $25 less than the original checks
D. find new vendors that are less likely to misplace checks
Answer: B
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The person in charge of medical records for a physician's office is preparing to release medical records requested by an insurance company. Which of the following is a recommended guideline for this procedure?
A. Release the entire record, not just the information requested. B. Include the patient's name, address, and date of birth on the authorization. C. Warn the patient that once authorization is given, it cannot be rescinded. D. Receive a verbal authorization from the patient prior to release of the record. E. Receive specific approval from the patient, even with a general authorization on file.