Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
35 Cards in this Set
- Front
- Back
How could you best compare different brand of instuments and the dealers who sell and service them?
|
Attend and exhibit hall at the major eye care conventions
|
|
Are contingency clauses usually included in equipment agreements?
|
No, they're not in the sellers best interest
|
|
As a rule of thumb what percent of a practitioners net income should he allocate to an instrument fund?
|
2-5%
|
|
Do fluctuating interest rates effect the amount due on leased equipment?
|
No, the financing charge for the lease period doesn't change
|
|
What portion of an equipment lease may be deducted?
|
100%
|
|
How much does it usually cost to purchase leased equipment at the end of a lease term?
|
The fair market value of the equipment or 10-15% of the equipment's fair market value
|
|
Do most new practices earn enough income to justify the tax advantages of the full lease deduction?
|
no
|
|
Is the cost of the lease greater than purchasing the same equipment?
|
yes
|
|
Who claims the depreciation deduction on leased equipment?
|
the leasing company, another disadvantage of leased equipment
|
|
Name two potential exceptions to the problem that leased equipment mus tbe kept for the full term of the lease?
|
1. the equipment is upgraded
2. equipment of greater value is obtained |
|
Do most agreements on leased equipment require the practitioner to pay insurance on the equipment?
|
yes
|
|
Is payment on the principal of borrowed money tax deductible?
|
No, only the interest
|
|
In whic room would you put an NCT?
|
Data Collection room
|
|
In which room would you put an auto/refractor/autokeratometer?
|
Data Collection room
|
|
In which room would you put a retinal camera?
|
Data Collection room
|
|
In which room would you put a rotating instrument table?
|
Data Collection room
|
|
In which room would you put an autoperimeter?
|
Data Collection room
|
|
In which room would you put a keratometer?
|
Data Collection room basic or Examination room basic
|
|
In which room would you put a telebinocular?
|
Data Collection room
|
|
In which room would you put color vision plates?
|
Data Collection Room
|
|
In which room would you put stereopsis tests?
|
Data Collection Room
|
|
In which room would you put a sphygmomanometer and stethoscope?
|
Data Collection Room
|
|
In which room would you put a manual or auto lensometer?
|
Data Collection Room
|
|
In which room would you put an instrument stand?
|
Examination Room basic
|
|
In which room would you put a trial lens set?
|
Examination room basic
|
|
In which room would you put a topography analyzer?
|
Examination room additional
|
|
In which room would you put a pachymeter?
|
Examination room additional
|
|
In which room would you put a camera system?
|
Examination room additional
|
|
In which room would you put low vision aids?
|
Examination room additional
|
|
In which room would you put a VT equipment?
|
Examination room additional
|
|
In which examination room would you place electrodiagnostic equipment?
|
examination room additional
|
|
In which rooms would you put a lensometer?
|
Data Collection room
Laboratory |
|
In which room would you place a contact lens modificaiton unit?
|
Laboratory
|
|
In which room would you place a radiouscope?
|
laboratory
|
|
In which room would you place a shadowscope?
|
laboratory
|