ACHE FACHE BOG FINANCE EXAM 2026 FINAL
REVIEW BUNDLED SOLUTION PACKAGE
◉ Net Assets. Answer: = total assets - total liabilities
◉ Gross Revenue. Answer: All the revenue generated by a business
during a stated period of time. No longer a meaningful measure.
◉ General Ledger. Answer: -Record of all accounts and transactions
-Often refers to fixed and collective assets such as depreciation
◉ Nonoperating Revenue. Answer: - Income generated from non-patient
care activities including investments in securities and earnings from
unrelated businesses.
◉ Internal Rate of Return (IRR). Answer: -minimum return one needs to
break even on an investment
-it is the necessary Net present value + Total market value = current cost
of investment.
◉ Current Liabilities. Answer: Economic obligations or debts that are
due within 1 year
, ◉ Current Assets. Answer: Resources of a business that are converted
into cash within one year
◉ Capitated Price. Answer: -Fixed monthly payment to providers from a
3rd party payer for each person enrolled in the plan, regardless of
whether they receive care.
-Also known as capitation, it provides a financial incentive to a
healthcare organization to keep its population from using more
healthcare services than necessary because the organization profits only
if the total cost of treating the specified population falls below the total
capitated price provided by the third-party payer.
◉ Capital Restructure Ratios. Answer: Ratios that measure an
organizations long term liquidity by measuring a variety of relationships
to capital.
◉ Break-even analysis. Answer: analysis to determine the unit volume
and dollar sales needed to be profitable given a particular price and cost
structure
◉ Balance Sheet. Answer: A financial statement that reports assets,
liabilities, and owner's equity on a specific date.
◉ Accounts Payable. Answer: Amounts an org owes to supplies and
other trade creditors for merchandise and services - but for which the org
has not paid.
REVIEW BUNDLED SOLUTION PACKAGE
◉ Net Assets. Answer: = total assets - total liabilities
◉ Gross Revenue. Answer: All the revenue generated by a business
during a stated period of time. No longer a meaningful measure.
◉ General Ledger. Answer: -Record of all accounts and transactions
-Often refers to fixed and collective assets such as depreciation
◉ Nonoperating Revenue. Answer: - Income generated from non-patient
care activities including investments in securities and earnings from
unrelated businesses.
◉ Internal Rate of Return (IRR). Answer: -minimum return one needs to
break even on an investment
-it is the necessary Net present value + Total market value = current cost
of investment.
◉ Current Liabilities. Answer: Economic obligations or debts that are
due within 1 year
, ◉ Current Assets. Answer: Resources of a business that are converted
into cash within one year
◉ Capitated Price. Answer: -Fixed monthly payment to providers from a
3rd party payer for each person enrolled in the plan, regardless of
whether they receive care.
-Also known as capitation, it provides a financial incentive to a
healthcare organization to keep its population from using more
healthcare services than necessary because the organization profits only
if the total cost of treating the specified population falls below the total
capitated price provided by the third-party payer.
◉ Capital Restructure Ratios. Answer: Ratios that measure an
organizations long term liquidity by measuring a variety of relationships
to capital.
◉ Break-even analysis. Answer: analysis to determine the unit volume
and dollar sales needed to be profitable given a particular price and cost
structure
◉ Balance Sheet. Answer: A financial statement that reports assets,
liabilities, and owner's equity on a specific date.
◉ Accounts Payable. Answer: Amounts an org owes to supplies and
other trade creditors for merchandise and services - but for which the org
has not paid.
