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Exam (elaborations)

ACHE FELLOWSHIP EXAM WITH QUESTIONS AND ANSWER

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ACHE FELLOWSHIP EXAM WITH QUESTIONS AND ANSWER

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June 26, 2023
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ACHE FELLOWSHIP EXAM WITH QUESTIONS AND ANSWER

1. Acid-test ratio: The ratio of total assets to total liability
2. Market Potential: The volume that would be realized if each
prospective con- sumer were to purchase a specific amount of a
particular service during a defined future time frame.
3. General Ledger: Entries assign capital costs through depreciation of
long-term assets, adjust inventory values, and allocate expenses of
central services.
4. Net Revenue: Income actually received, as opposed to that initially
posted; equal to gross revenue minus adjustments for bad debts,
charity, and discounts to third parties.
5. Non operating revenue: Income generated from non-patient care
activities, including investments in securities and earnings from
unrelated businesses.
6. Publicly owned healthcare organization: This type organization is
required to submit a statement of earnings, financial positions,
changes in financial position and earnings annually.
7. Transition Matrix: Probability models that forecast the internal flow of
employ- ees from one job category to another.
8. Demand-pull approach: Forecasting organizational needs for human
re- sources by focusing on specific openings that are likely to occur
and using these for planning.
9. Supply-push approach: Forecasting the internal supply of employees
as they move from their current jobs into others through promotions,
lateral moves and terminations.
10.Statistics budget: It provides input date for other budgets
11.Maslow's Hierarchs of needs: From bottom to top: Physiological,
safety, belonging, esteem, self actualization
12.Liquidity ratio: A firms ability to meet its current obligations in a
timely manner
13.Capital structure ratios: Measures the organizations long term
liquidity
14.Municipal Bonds: A bond issued by a state, county, city, or town, or
by a state authority or agency to finance projects.
15.Net working capital: Difference between total current assets and
1/

, ACHE FELLOWSHIP EXAM WITH QUESTIONS AND ANSWER

total current liabilities on a balance sheet
16.Capital asset pricing model: A model that describes the relationship
between the amount of risk and rate of return




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