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Financial Accounting, 11th Edition by Robert Libby, Patricia Libby, and Hodge - Test Bank 
 
This test bank includes: 
 
 
*Extensive Questions: Multiple-choice, true/false, short answer, and essays. 
*Varied Difficulty: Questions from basic to advanced. 
*Detailed Solutions: Explanations for each question. 
*Textbook Alignment: Matches the textbook content. 
 
 
Benefits 
 
*For Students: Enhances learning and exam prep. 
*For Instructors: Saves time and ensures thorough assessment. 
*An essent...
Question 1_4 out of 4 points 
What term best describes a mass of hyperplastic scar tissue? 
Selected Answer: b. 
Keloid 
Correct Answer: b. 
Keloid 
Response 
Feedback: 
Rationale: A keloid scar is excess growth of connective tissue during the healing 
process. 
 Question 2_4 out of 4 points 
What is commonly known as a boil of the skin? 
Selected Answer: d. 
Furuncle 
Correct Answer: d. 
Furuncle 
Response 
Feedback: 
Rationale: Carbuncles and furuncles (boils) typically are caused by a stap...
Question 1_4 out of 4 points 
What hernia repair codes can be reported with add-on code 49568? 
Selected Answer: a. 
 
Correct Answer: a. 
 
Response 
Feedback: 
Rationale: Look in your CPT® codebook for 49568. The parenthetical note under add-on 
code 49568 states to Use 49568 in conjunction with , . 
 Question 2_4 out of 4 points 
Services provided in the home by an agency are considered 
Selected Answer: c. 
Facility services 
Correct Answer: c. 
Facility services 
Response 
Feedback: 
Ra...
Question 1_4 out of 4 points 
What is the value of a remittance advice? 
Selected Answer: c. 
It states what will be paid and why any changes to charges were made. 
Correct Answer: c. 
It states what will be paid and why any changes to charges were made. 
Response 
Feedback: 
Rationale: The determination of the payer is sent to the provider in the form of a remittance 
advice. The remittance advice explains the outcome of the insurance adjudication on the claim, 
including the payment amount, co...
Question 1_4 out of 4 points 
What is a myocardial infarction? 
Selected Answer: d. 
Lack of oxygen to the heart tissue, resulting in tissue death 
Correct Answer: d. 
Lack of oxygen to the heart tissue, resulting in tissue death 
 Question 2_4 out of 4 points 
Which of the following are auditory ossicles? 
Selected Answer: b. 
Stapes and incus 
Correct Answer: b. 
Stapes and incus 
 Question 3_4 out of 4 points 
If a woman has a Pap smear performed by her gynecologist, what part of th...
Question 1_4 out of 4 points 
What modifier identifies the professional component of a service? 
Selected Answer: c. 
26 
Correct Answer: c. 
26 
Response 
Feedback: 
Rationale: Modifier 26 identifies the Professional component. Modifier TC identifies the 
technical component. There is no modifier PC. The HCPCS Level I modifiers are listed in the 
CPT® codebook in Appendix A and the HCPCS Level II modifiers are listed in the HCPCS 
codebook. 
 Question 2_4 out of 4 points 
What modifier must...
Question 7_1 out of 1 points 
Which of the following is true about the function of the cochlea 
Selected Answer: d. It transmits sound only. 
Correct Answer: d. It transmits sound only. 
Response 
Feedback: 
Rationale: As the stapes footplate moves the oval window, and creates waves in the perilymph 
of the scala vestibuli of the cochlea, the round window membrane moves, which causes 
movement of the endolymph inside the cochlear duct. This causes the basilar membrane to 
vibrate, which in turn ...
Question 7_1 out of 1 points 
Which of the following is true about the function of the cochlea 
Selected Answer: d. It transmits sound only. 
Correct Answer: d. It transmits sound only. 
Response 
Feedback: 
Rationale: As the stapes footplate moves the oval window, and creates waves in the perilymph 
of the scala vestibuli of the cochlea, the round window membrane moves, which causes 
movement of the endolymph inside the cochlear duct. This causes the basilar membrane to 
vibrate, which in turn ...
Question 1_4 out of 4 points 
A patient is seen by Dr. B who is covering on call services for Dr. A. The patient is an established patient with Dr. 
A. but she has not been seen by Dr. B. before. Which E/M subcategory is appropriate to report the services 
provided by Dr. B? 
Selected Answer: a. 
Established patient office visit 
Correct Answer: a. 
Established patient office visit 
Response 
Feedback: 
Rationale: According to the E/M Guideline for New and Established Patient, when a provide...
Question 1_4 out of 4 points 
A patient with cardiac arrhythmia has a pacemaker system with electrodes in the atrium and ventricle. The 
patient visits his cardiologist for evaluation of the battery, leads, capture and sensing function, heart rhythm 
and programmed parameters of the system. What CPT® code is reported? 
Selected Answer: d. 
93288 
Correct Answer: d. 
93288 
Response 
Feedback: 
Rationale: In the CPT® Index look for Pacemaker, Heart/Evaluation and Programming/In Person 
and you ...