CREDIT AND COLLECTIONS-CRCS AAHAM EXAM NEWEST
ACTUAL / QUESTIONS AND ANSWERS
VERIFIED/GRADED A+
Notification of deceased patient - ---Answers---Change the mailing address to "The Estate of"
Notification of deceased patient - ---Answers---If there is no estate and no other party assumes financial responsibility , write off to the deceased any self-pay balance remaining after insurance liability is paid
Responsible Party - ---Answers---For a minor patient, both parents, who are jointly and fully responsible and may be pursued jointly and separately, regardless of divorce
Notification of deceased patient - ---Answers---Check the register of wills for an estate Making Collection Calls - ---Answers---Determine the minimum acceptable payment plan
Making Collection Calls - ---Answers---Prepare all questions and facts
Making Collection Calls - ---Answers---Prepare an opening statement 1 / 3
Skip - ---Answers---A debtor who cannot be located by a creditor
Type of Skip - ---Answers---Intentional
Type of Skip - ---Answers---Unintentional
Type of Skip - ---Answers---False
Intentional Skip - ---Answers---Someone who avoids paying bills by changing his/her residency and failing to leave a forwarding address, purposely changing his/her name, or intentionally giving false information
Unintentional Skip - ---Answers---Someone who moves or changes residence and fails to notify creditors. However, a forwarding address is normally available
False Skip - ---Answers---Generally caused by clerical error at the time of registration
Resource to Trace Skips - ---Answers---Telephone directory
Resource to Trace Skips - ---Answers---Cross-reference directory (Bressers) 2 / 3
Resource to Trace Skips - ---Answers---Credit report
Resource to Trace Skips - ---Answers---US Postal Service
Resource to Trace Skips - ---Answers---Department of Motor Vehicles
Resource to Trace Skips - ---Answers---County tax assessor
Resource to Trace Skips - ---Answers---Landlord or mortgage holder
Resource to Trace Skips - ---Answers---Internet
Resource to Trace Skips - ---Answers---Employer (cannot discuss details of debt)
Resource to Trace Skips - ---Answers---Relative (cannot discuss details of debt)
Resource to Trace Skips - ---Answers---Neighbor (cannot discuss details of debt)
GAAP - ---Answers---Generally Accepted Accounting Principles
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