Certified Medical Administrative Assistants (CMAA) Practice Exam 2025 – Comprehensive All-In-One Guide to Exam Success!

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What term describes a listing of all accounts with balances owed to a practice?

Revenue report

Accounts receivable report

The term that describes a listing of all accounts with balances owed to a practice is the accounts receivable report. This report is essential for medical practices as it provides detailed information about amounts due from patients and insurers for services rendered. It not only helps in tracking outstanding payments but also aids in managing cash flow and follow-up processes on unpaid accounts.

In contrast, a revenue report typically focuses on the total income generated by the practice over a specific period, summarizing the overall earnings without detailing individual accounts. A balance sheet is a financial statement that provides a snapshot of a practice's assets, liabilities, and equity at a specific point in time, but it doesn't give a detailed view of individual accounts owed. Lastly, a financial summary is more general and may include various financial metrics but does not specifically list outstanding accounts receivable.

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Balance sheet

Financial summary

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