QuestionAugust 7, 2025

Which of the following is a document used to analyze accounts receivable based on dates of service? Explanation of benefits (EOB) Remittance advice (RA) Itemized statement Aging report

Which of the following is a document used to analyze accounts receivable based on dates of service? Explanation of benefits (EOB) Remittance advice (RA) Itemized statement Aging report
Which of the following is a document used to analyze accounts receivable based on dates of service?
Explanation of benefits (EOB)
Remittance advice (RA)
Itemized statement
Aging report

Solution
4.1(382 votes)

Answer

Aging report Explanation 1. Identify the purpose of each document - **Explanation of Benefits (EOB):** Details services provided and coverage by insurance. - **Remittance Advice (RA):** Provides payment details from payer to provider. - **Itemized Statement:** Lists detailed charges for services rendered. - **Aging Report:** Analyzes accounts receivable based on the age of the outstanding invoices. 2. Determine which document analyzes accounts receivable The Aging Report is specifically used to analyze accounts receivable based on the dates of service, categorizing them by how long they have been outstanding.

Explanation

1. Identify the purpose of each document<br /> - **Explanation of Benefits (EOB):** Details services provided and coverage by insurance.<br /> - **Remittance Advice (RA):** Provides payment details from payer to provider.<br /> - **Itemized Statement:** Lists detailed charges for services rendered.<br /> - **Aging Report:** Analyzes accounts receivable based on the age of the outstanding invoices.<br /><br />2. Determine which document analyzes accounts receivable<br /> The Aging Report is specifically used to analyze accounts receivable based on the dates of service, categorizing them by how long they have been outstanding.
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