Asked by Rafael Summo on Jul 11, 2024
Verified
Today, a practice's financial summary is generally prepared by ____.
A) the physician
B) a senior accountant
C) practice management software
D) the practice's auditors
E) an attorney
Practice Management Software
Software used by healthcare providers for daily operations, such as scheduling, billing, and maintaining electronic health records.
Financial Summary
A concise overview of a company's financial status, including income, expenses, and profit over a specific period.
- Comprehend the application of practice management software in managing financial records and generating reports.
Verified Answer
PT
Pawel TekielakJul 17, 2024
Final Answer :
C
Explanation :
Practice management software is commonly used today to prepare a practice's financial summary, as it automates and streamlines the financial processes, making it more efficient and accurate.
Learning Objectives
- Comprehend the application of practice management software in managing financial records and generating reports.