Final

Question 1

What is the main disadvantage of a sole proprietorship?

Answer 1

Unlimited exposure to personal liability

Question 2

T/F: In a general partnership there is unlimited liability for all owners.

Answer 2

True

Question 3

Which type of corporation leads to double taxation?

Answer 3

C corporation

Question 4

What is the most commonly used business entity for a dental office?

Answer 4

Limited liability company

Question 5

T/F: As an independent contractor, you would receive a W2 from your employer.

Answer 5

False

Question 6

What is an “at-will” employee?

Answer 6

No promised term of employment. Typically used for staff but not dentist.

Question 7

What is a typical termination notice?

Answer 7

45-60 days

No less than 30

Question 8

T/F: Restrictive covenants are not enforced in the state of Ohio.

Answer 8

False

Non-compete, non-solicitation, non-disclosure

Question 9

What is “cash basis” accounting?

Answer 9

Income reported based on collections not production

Question 10

What is the equation for an income statement?

Answer 10

Total revenue - total expenses = net profit

Question 11

T/F: Labor wages, lab fees, and supplies are fixed expenses.

Answer 11

False

Variable expenses change depending on the amount of business

Question 12

___________ tells you the financial status of your business at a particular point in time.

Answer 12

Balance sheet

Question 13

T/F: Cash flow reveals financial condition.

Answer 13

False

Does not take into account assets other than cash

Question 14

What is a SWOT analysis?

Answer 14

Strengths, weaknesses, opportunities, threats

Question 15

What is a good baseline of production right out of school? With more experience?

Answer 15

$250/hr

$750/hr

Question 16

What should the typical dentist:hygiene production ratio look like?

Answer 16

70(dentist)/30(hygiene)

Question 17

In general, hygienists should produce _______ times their salary.

Answer 17

2.5-3

Exam fee is not included in hygiene production

Question 18

What is the average overhead of a typical office?

Answer 18

60-65% of gross revenue

Payroll - 25-28%
Payroll taxes/benefits - 3-5%
Supplies - 5-7%
Lab expenses - 6-9%
Facility - 6-8%
Marketing - 3-5%
Misc. - 5-7%

Question 19

When should an office consider hiring a new front desk employee?

Answer 19

Every $40,000 of monthly production, or every 10 patients/day

Question 20

T/F: Easy credit policies will lower accounts receivable, stricter policies will increase accounts receivable.

Answer 20

False

Opposite

Question 21

What should fees be in comparison to lab fees for various procedures?

Answer 21

Fixed - 5-7x lab fee

Removable - 3x lab fee

Question 22

Roughly how many new patients per month facilitates growth?

Answer 22

25 pts/month

35 to account for attrition

Question 23

T/F: External marketing is more costly than internal marketing.

Answer 23

True

Question 24

What are the best ways to avoid patient abandonment when terminating a patient?

Answer 24

Provide adequate notice in writing. Provide emergency services for an adequate time. Patients cannot be mid-treatment

Question 25

How long should dental records be kept?

Answer 25

4 years

Question 26

What is the mission of the Ohio State Dental Board?

Answer 26

Protect the public

Question 27

T/F: Investigators with the OSDB will make appointments.

Answer 27

False

Question 28

What is OARRS?

Answer 28

A tool managed by the Ohio State Board of Pharmacy used to combat opioid epidemic.

Question 29

When must you check with OARRS?

Answer 29

1. Have reason to believe patient may be abusing drugs | 2. Prescribe an opioid or benzodiazepine in excess of seven days

Question 30

Which regulatory board is concerned with x-ray unit performance and safety?

Answer 30

Ohio Department of Health **OSDB regulates the radiographer but not the machine

Question 31

Which regulatory agency is concerned with employee safety?

Answer 31

OSHA Blood borne pathogens, hazards communication, general safety

Question 32

Which agency is concerned with infectious waste disposal including sharps?

Answer 32

Ohio EPA

Question 33

T/F: Infectious waste under 5 lbs can be disposed in regular trash.

Answer 33

True

Question 34

What is the difference between errors of omission and commission?

Answer 34

Omission - something you didn’t do | Commission - something you did do

Question 35

T/F: Malpractice insurance will cover general anesthesia for general dentists.

Answer 35

False Must be oral surgeon or have special license

Question 36

Describe a typical 1mil/3mil malpractice insurance plan.

Answer 36

1 million per occurrence. 3 million per year.

Question 37

T/F: Occurrence coverage is more beneficial than claims made coverage.

Answer 37

True With occurrence you do not need tail coverage

Question 38

What is the statute of repose?

Answer 38

Malpractice suit cannot be brought up for something that occurred over 4 years ago

Question 39

T/F: No more than two EFDAs can practice under a dentist.

Answer 39

True

Question 40

T/F: Laser bleaching can be done by a dental hygienist.

Answer 40

False

Question 41

What is the difference between direct and general supervision?

Answer 41

Direct - dentist is physically present | General - dentist is not physically present

Question 42

When can a hygienist work under general supervision?

Answer 42

- no more than 15 consecutive days/3 weeks - DHY must have 1 year and 1500 hrs experience - course on med emergencies - dentist must have examined pt within 1 year - pt must be notified

Question 43

What procedures are permissible under general supervision?

Answer 43

1. Diagnostic impressions 2. CRA 3. Apply/remove perio dressings 4. Bite registration

Question 44

How many hygienists can work under 1 dentist?

Answer 44

4

Question 45

T/F: Dental assistants can monitor nitrous oxide under certain conditions.

Answer 45

True 6 hour course, written exam, current CPR