Certified Medical Administrative Assistants (CMAA) Practice Exam

What does an accounts receivable report list?

1. Total revenue generated

2. Account balances

3. Patient demographics

4. Inventory levels

The correct answer is: Account balances

An accounts receivable report primarily lists account balances owed by patients or insurance companies. It provides a detailed overview of outstanding payments, which can help the medical office track what is owed and manage cash flow effectively. This report typically includes information about each patient’s balance, the age of the receivables, and payment statuses, allowing for better financial management. Total revenue generated, while relevant to the overall financial health of a practice, would not be the focus of an accounts receivable report; it is more about the total income realized, rather than the amounts still outstanding. Patient demographics provide essential information for practice management and marketing but do not pertain to financial accounts. Inventory levels relate to the supplies and materials a medical office or facility maintains, which is separate from the financial liabilities reflected in accounts receivable.