MED 126 Quiz 5 Chapter 50

The process of assessing risk and putting policies and procedures in place to minimize it

A tax collected from employees to fund the Social Security program

Employees who are scheduled by the day according to office needs

A number on a supply inventory that indicates when a specific item should be reordered

An agreement that provides for service for a piece of equipment after the warranty expires.

The total amount earned in a time period by an employee before any deductions

An itemized bill of items that have not been prepaid

The actual amount of money paid directly to an employee after taxes and other deductions.

A guiding principle for the management of a medical office or business

A number assigned by a business to authorize and keep track of an order.

Accounting methods to record the loss of value of a property of piece of equipment over time

A list of the steps to handle a certain situation or perform a certain task

A written of the proceedings of a meeting

A company from whom supplies or equipment is purchased

A fix amount of wages that does not depend on the number of hours worked.

The form used to claim allowances for federal income tax reporting

Promise by the manufacturer to repair / replace defective parts in an item during a time period

A detailed list of items in stock or in possession of an individual or business

Term for items ordered that cannot be shipped immediately usually because they are out of stock