Hsm 543 Study guides, Class notes & Summaries

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 abov e 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 net income follow acc...

Practice Problems for OPTM 543 Exam 1 Questions and answers latest update

HSM 543 Week 1 Discussion: Tax Status And The Ability To Raise Capital (GRADED)

Question: (COs F and G) List the five factors that were shaping Berman, Kukla, and Weeks’ (1994) views of the future of healthcare. Question: (COs F and G) A number of proposals labeled “patient’s bill of rights” have emerged in the last 7 years, with many states already enacting such legislation. Although patient privacy was an issue, there was an exception for releasing patient information under certain circumstances in the public interest. What was that? Question: (COs F and G) What...

Question: (CO D) The current ratio is a(n) Question: (CO D) All of the following are working capital items except which of the following? Question: (CO D) Discuss how self-pay accounts should … ha... [Show More]

Question: (CO C) To manage increased risk, HMOs contain costs with aggressive methods of controlling use that do not include Question: (CO C) Although the United States does not have a universal heal th coverage plan, such plans have been discussed and introduced into legislation over the years. The earliest attempt for compulsory health insurance was included in Question: (CO C) Which law established a physician fee schedule? Question: (CO C) The goal of SCHIP is Show Less

Question: (CO C) To manage increased risk, HMOs contain costs with aggressive methods of controlling use that do not include Question: (CO C) Managed care organizations (MCOs) do all the following ex cept Question: (CO C) The methods of payment used by third-party payers include all except Question: (CO C) The goal of SCHIP is Show Less

Question: The difference between operating margin and total margin is which of the following? (CO D) The balance sheet includes three main categories. Give examples of each of the three categories. (H int: Remember the accounting equation.) (CO D) Discuss the role of explanatory notes. (CO D) What is included in permanently restricted net assets? (CO D) The difference between operating margin and total margin is which of the following? Question: (CO D) The balance sheet includes three main categ...

Question: (TCO D) Which one of the following is not a capital structure ratio? Question: (TCO D) Cash flows can be from operations, financing, or investing. Give an example of a transaction that woul d … included in each of those categories. Question: (TCO D) Define retained earnings. Question : (TCO D) What is included in permanently restricted net assets? Show Less

Question: (CO D) The difference between operating margin and total margin is which of the following? Question: (CO D) ALOS is used as a key operating indicator. What are some of the factors to be con sidered that can affect the ALOS calculation? Question: (CO D) Discuss the role of explanatory notes. Question: (CO D) Why is a higher value of total asset turnover ratio more desirable Show Less