Fill in the blank:
A(n)_______ system calculates the amount of money owed to the dental practice by accounting for charges and payments.
A)accounts payable
B)accounts receivable
C)pegboard
D)bookkeeping

Question

Fill in the blank: 
A(n)_______ system calculates the amount of money owed to the dental practice by accounting for charges and payments.
A)accounts payable
B)accounts receivable
C)pegboard
D)bookkeeping

Quizplus · Accepted Answer

An accounts receivable system is used to calculate the amount of money owed to a business or practice by its patients or clients. This system accounts for charges and payments, and allows the dental practice to track outstanding balances and follow up with patients for payment. The other options (accounts payable, pegboard, and bookkeeping) are not directly related to calculating money owed by patients to a business or practice.

Fill in the Blank