Asked by Tatum Manning on Apr 27, 2024
Verified
Send no further statements,and refer any patient calls regarding the account to them
A) nonsufficient funds check
B) collection agency transaction
C) credit balance
D) third party
Collection Agency Transaction
The process or action where a business specializing in collecting debts manages or conducts a financial operation, usually the collection of overdue accounts.
- Expound on the procedures and results of adjustments carried out on patient accounts.
Verified Answer
SB
Stephanie BougratApr 30, 2024
Final Answer :
B
Explanation :
A collection agency transaction involves sending no further statements and referring any patient calls regarding the account to them.
Learning Objectives
- Expound on the procedures and results of adjustments carried out on patient accounts.
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