Home Uncategorized 1.5 Pages: 3 References

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1.5 Pages: 3 References

Question 15

pts

(CO G) This act eliminated the requirement of a prior hospitalization requirement for home health services reimbursement and eliminated the limitation on the number of home health visits.

Group of answer choices

National Health Planning and Resource Development Act of 1974

HIPAA

DEFRA

Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA)

Consolidated Omnibus Budget Reconciliation Act of 1993 (OBRA)

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Question 25 pts

(CO G) The SCHIP Benefits Improvement and Protection Act included provisions for which of the following?

Group of answer choices

Increased mental health funding

Increased funding for independent children’s hospitals to train pediatricians

Increased funding to train nurses

Increased funding for pediatric oncology

None of the above

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Question 35 pts

(CO E) For the capital budget, a step that is required just after identifying and prioritizing requests is to

Group of answer choices

determine additional shipping costs.

determine any additional insurance requirements.

verify when title passes.

project the cash flows from the project.

politically determine who the champion for the project is and act accordingly in rating it.

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Question 45 pts

(CO E) The most common method of evaluating budget performance is

Group of answer choices

variance analysis.

liquidity ratios.

key indicators.

turnover ratios.

industry benchmarks.

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Question 55 pts

(CO B) One reason that protecting tax-exempt status is a major goal is the attempts of

Group of answer choices

state and local governments to find new revenue sources.

pressure and challenges from for-profit competitors.

public apathy concerning tax-exempt organizations.

increasing profits and revenue streams from grants and other sources.

None of the above

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Question 65 pts

(CO B) A major objective of healthcare financial management is to monitor physicians. This is important because

Group of answer choices

physicians represent approximately 32% of all healthcare spending.

physicians influence much of the spending attributable to hospitals and nursing homes.

physician negligence can expose the healthcare organization to legal liability.

All of the above

Both the first and third answers

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Question 75 pts

(CO D) The basic indicator of financial liquidity is

Group of answer choices

cash balances.

the current ratio.

net assets.

total patient receivables.

the inventory turnover ratio.

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Question 85 pts

(CO D) A situation that affects the amount of supplies on hand, possibly because an inventory process has been disrupted or a delivery was missed, is called

Group of answer choices

out of stock.

back order.

safety stock.

discontinuities.

exception.

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Question 910 pts

(CO C) Explain the difference in per diem reimbursement in an acute care hospital versus an extended care facility.

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Question 1010 pts

(CO D) You are preparing the monthly management accounting reports. Your inventory turnover ratio is much lower than normal. Is that good or bad? Give an example of what could cause that to happen.