WGU C428
Western Governors University
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Bundle for WGU C428 Exams Compilation | Verified | Guaranteed Success
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WGU C428 Pre-Assessment | Questions with 100% Correct Answers | Verified | Latest Update | 31 Pages
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A medical center is expanding its hospital staff to accommodate the increasing number of flu 
cases seen over the past weeks. 
Which type of finance activity is described in this scenario? 
Cost 
Cash 
Capital 
Control - Cost 
A healthcare organization's senior finance leader is responsible for all financial plans and 
activities related to reimbursement, accounting, budgeting, and management for a healthcare 
system's financial well-being. 
Which role matches this description? 
Controller 
Tr...
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WGU C428 Exam Study Guide | Questions with 100% Correct Answers | Verified | Latest Update
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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. 
What is financial management? - The use of theory, principles, and concepts developed to 
help managers make better financial decisions. 
What is another name for financial management? - Corporate fina...
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WGU C428 Exam Practice Questions | Questions with 100% Correct Answers | Verified | Latest Update
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An established diagnostic center needs a new mammogram machine. The center has incurred 
higher debt and is very highly leveraged but decides to apply for another secured loan at its local 
bank. 
What will the bank decide about the secured loan? - The interest rate will be higher. 
A private hospital with a successful history of traditional patient care is seeking to open a holistic 
treatment center off-site. It has secured an initial loan of five million dollars. 
How would the nature of this...
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