C428 Study guides, Class notes & Summaries

WGU C428 Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE 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.

C428 WGU Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE The 4 C's (Finance Activities) ------*Costs >monitor costs *Cash------ >keep enough cash *Capital------ >raise needed capital(money) to invest *Control----->control resources Accountable Care Organization Accountable Care Organizations(ACOs) are groups of Medicare providers and suppliers that work together to coordinate care for traditional Medicare patients. Their goal is to deliver seamless, high-qua...

C428 WGU Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE The 4 C's (Finance Activities) ------*Costs >monitor costs *Cash------ >keep enough cash *Capital------ >raise needed capital(money) to invest *Control----->control resources Accountable Care Organization Accountable Care Organizations(ACOs) are groups of Medicare providers and suppliers that work together to coordinate care for traditional Medicare patients. Their goal is to deliver seamless, high-qua...

WGU C428 Pre-assessment Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE 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 healthca...

WGU C428, Exam Questions and answers, 100% Accurate. Graded A+. APPROVED

(Summary) WGU C428 Session 1 2024. Study Accounting - the measurement and recording of events that reflect the operations, assets, expenses, and other financing of an organization. Breakeven analysis determines the point when the investment in the project will generate a positive return. Business manager or SBU manager the manager responsible for the finance function in a small healthcare organization, such as a medical practice with one or a few clinicians. Call provision gives the i...

WGU C428 Pre-assessment Exam with Correct Answers

WGU C428 Exam with Correct Answers Rated A+ Activity-based costing (ABC): A.can be used only in a process cost system. B.focuses on units of production. C.focuses on activities performed to produce a product. D.uses only a single basis of allocation. es on activities performed to produce a product. Activity-based costing: A.is the initial phase of converting to a just-in-time operating environment. B.can be used only in a job order costing system. C.is a two-stage overhead cost allo...

WGU C428 Pre-assessment Exam with Correct Answers 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....

WGU C428 Review Latest Update Graded A Direct Costs Costs that can be specifically identified with a particular project or activity. Direct Labor - Direct Materials - Manufacturing Supplies Indirect Costs Costs that are the result of general operations and are not directly tied to any specific project or activity Rent - Utilities - General Office Expenses Cost Prior to delivery of service Cash Payment for operations, revenue, form of accounting Capital Investment, fixed assets, encompass m...