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(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024. $16.49   Add to cart

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(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.

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(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.

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  • November 6, 2024
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  • 2024/2025
  • Exam (elaborations)
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BUSI 323




Financial Analysis &
Management




LATEST FINAL EXAM REVIEW
Q&S




©2024/2025

,1. Which financial ratio is most commonly used to assess a
hospital's ability to meet its short-term obligations?
- A) Debt-to-Equity Ratio
- B) Current Ratio
- C) Return on Assets
- D) Operating Margin


Answer: B) Current Ratio
Rationale: The current ratio is used to evaluate a company's
ability to pay off its short-term liabilities with its short-term assets.


2. What is the primary goal of value-based healthcare
reimbursement models?
- A) Increase volume of services provided
- B) Improve quality and efficiency of care
- C) Maximize hospital profitability
- D) Reduce the number of patient visits


Answer: B) Improve quality and efficiency of care

©2024/2025

, Rationale: Value-based reimbursement models aim to
enhance the quality of care provided to patients and promote
efficiency over volume.


3. A hospital informs patients in advance that they accept
insurance plan X but not Y. This practice is primarily related to
which financial concept?
- A) Budget Variance Analysis
- B) Revenue Cycle Management
- C) Capital Expenditure Planning
- D) Cost-Benefit Analysis


Answer: B) Revenue Cycle Management
Rationale: Revenue Cycle Management involves managing the
clinical and administrative functions to capture, manage, and collect
patient service revenue.


4. Which of the following is NOT considered a fixed cost in
hospital financial management?
- A) Salaries of administrative staff
- B) Utility expenses
- C) Cost of consumable medical supplies
- D) Depreciation of medical equipment
©2024/2025

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