The major provisions of the Patient Protection and Affordable Care Act of 2010 were: - Answer: a. Free preventative
b. Medicaid expansion
c. Banning of preexisting condition coverage limitations
T/F CFO usually is assisted by a comptroller and treasurer - Answer: TRUE
T/F The department i...
, The major provisions of the Patient Protection and Affordable Care Act of 2010 were: - Answer: a. Free
preventative
b. Medicaid expansion
c. Banning of preexisting condition coverage limitations
T/F CFO usually is assisted by a comptroller and treasurer - Answer: TRUE
T/F The department is headed by the CFO sometimes called the VP-finance - Answer: TRUE
T/F The CFO typically reports directly to the chief executive officer (CEO) - Answer: TRUE
In a not-for-profit hospital, the following are example(s) of a stakeholder: - Answer: employee, vendor,
and community
Stakeholders have the right(s): - Answer: a. Right of control
b. A possible dividend and/or capital gain
c. Claim on residual liquidation proceeds
provides the theory, concepts, and tools necessary to help managers make better financial decisions. -
Answer: Financial management
What is a disadvantage of being a corporation? - Answer: external reporting
What are finance activities: - Answer: a. Planning and budgeting
b. Financing decisions
c. Financial reporting
What is an advantage of proprietorship? - Answer: a. No corporate income taxes
b. Ease of formation
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