Hsm 543 week 3 - Study guides, Class notes & Summaries

HSM 543 Week 1 Quiz (Summer 2018) Question: (TCO A) Accounting is generally divided into two categories: financial and managerial. Which of the choices best describes managerial accounting? Question 2: (TCO A) The most important objective of healthcare financial management is to _____. Question 3: (TCO B) The rationale for having tax exempt organizations is the fact that _____. Question 4: (TCO A) Healthcare organizations submit to an external audit by an independent auditing firm. The most favo...

HSM 543 Week 1 Quiz Week 1 Quiz 1. Question : (TCO A) The purpose of financial accounting is to provide information to . Student Answer: external users lenders suppliers the government All of the above Instructor Explanation: See Chapter 1, page 5. Points Received: 5 of 5 Comments: Question 2. Question : (TCO A) The most important objective of healthcare financial management is to . Student Answer: determine the tax status of the organization improve the marketing budget generate a reasonable ne...