WGU C428 BUNDLED exams 2023 with 100% correct answers

What is healthcare finance? It encompasses the accounting and financial management functions of healthcare organizations. The two functions blend together, with accounting generating the data needed to make sound decisions and financial management providing the framework for those decisions. ...

Costs Cash Capital Control Finance within a healthcare organization can be condensed into the "four Cs": Treasurer The finance department manager who handles capital acquisition, investment management, and risk management activities Comptroller The finance department manager wh...

Accounting - the measurement and recording of events that reflect the operations, assets, expenses, and other financing of an organization. Breakeven analysis determines the point when the investment in the project will generate a positive return. Business manager or SBU manager the...

Activity-based costing allocates costs on the basis of the basic activities that create costs in the first place. ABC can estimate costs for individual patients, diagnoses, services, and so on, while traditional costing cannot. Accounting breakeven analysis occurs when revenues equal accoun...

The 4 C's (Finance Activities) *Costs------>monitor costs *Cash------>keep enough cash *Capital------ >raise needed capital(money) to invest *Control----->control resources Accountable Care Organization Accountable Care Organizations(ACOs) are groups of Medicare providers an...