Business and Practice Management Flashcards
7 cards from real NCBTMB practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Business and Practice Management flashcards as text
A massage therapist rents a room in a chiropractic office and pays a flat monthly fee regardless of client volume. This arrangement is best described as:
Answer: Booth rental or room rental
Paying a flat fee for space rather than a percentage of earnings is characteristic of a booth or room rental arrangement.
Which of the following is a primary advantage of maintaining a written cancellation policy?
Answer: It protects the therapist's income and sets clear client expectations
A written cancellation policy protects the therapist financially and ensures clients understand expectations before booking.
When a massage therapist accepts cash payments, which practice is MOST important for business integrity?
Answer: Issuing a written receipt and recording the transaction
Issuing receipts and recording all transactions ensures accurate bookkeeping and legal tax compliance.
A client requests a receipt for massage services to submit to their Flexible Spending Account (FSA). What information must typically be included?
Answer: Date of service, provider name, service type, and amount paid
FSA receipts generally require the date of service, provider name, service description, and amount paid.
Which business structure provides the MOST personal liability protection for a solo massage therapist?
Answer: Limited Liability Company (LLC)
An LLC separates personal assets from business liabilities, offering the strongest protection among common solo-practice structures.
A massage therapist wants to expand her practice by hiring an associate. She controls the associate's schedule, provides all equipment, and sets service prices. The IRS would most likely classify the associate as:
Answer: An employee
When a business controls the worker's schedule, tools, and pricing, the IRS typically classifies that worker as an employee.
Which of the following best describes the purpose of a SOAP note in a massage therapy business?
Answer: To serve as a legal and clinical record of client sessions
SOAP notes create a legal, clinical record of each session's subjective findings, objective observations, assessment, and plan.