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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