Certified Medical Administrative Assistants (CMAA) Practice Exam 2025 - Free CMAA Practice Questions and Study Guide

The day's total for cash and check receipts must equal the bank deposit because all funds received in cash and through checks during the day should ultimately be deposited in the bank. This ensures accurate financial tracking and helps maintain accountability for the funds collected. By reconciling the day's receipts with the bank deposit amount, medical offices can effectively manage their cash flow and ensure that all money is accounted for, minimizing the risk of discrepancies or financial errors.

While a financial report provides an overall summary of the clinic's financial activities, it is not a direct representation of the cash and check receipts for that specific day. Operating expenses reflect the costs incurred by the business and do not correlate directly with the receipts of the day. An account balance summarizes the total money available at a certain point in time, but again, does not specifically track the relationship between daily receipts and deposits. Thus, the bank deposit is the most accurate measure relating directly to the cash and check receipts at the end of the day.