(WGU D253) HCM 3110 Financial Resource Management in Healthcare - FA Pre Test Guide(WGU D253) HCM 3110 Financial Resource Management in Healthcare - FA Pre Test Guide(WGU D253) HCM 3110 Financial Resource Management in Healthcare - FA Pre Test Guide(WGU D253) HCM 3110 Financial Resource Management ...
, 1. Which financial ratio is most useful for assessing a healthcare
organization's ability to meet its short-term obligations?
a) Debt-to-equity ratio
b) Current ratio
c) Return on assets
d) Gross profit margin
Answer: b) Current ratio
Rationale: The current ratio measures the ability of a
healthcare organization to meet its short-term obligations with its
short-term assets.
2. Capital budgeting in healthcare primarily focuses on:
a) Funding day-to-day operations
b) Long-term investments in fixed assets
c) Managing daily cash flow
d) Short-term investments in marketable securities
, Rationale: Capital budgeting involves evaluating and selecting
long-term investment projects, such as building new facilities or
purchasing new equipment.
3. Which reimbursement model entails the healthcare provider
being paid a predetermined fixed amount per patient for a specific
period?
a) Fee-for-service
b) Capitation
c) Pay-for-performance
d) Bundled payments
Answer: b) Capitation
Rationale: Capitation is a payment model where healthcare
providers receive a set amount per patient regardless of the number
of services provided.
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