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Exam (elaborations)

HSA 546 Final Exam Part 2 and 1 - Latest Complete Answers all correct, A+ Guide.

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HSA 546 Final Exam Part 2 and 1 - Latest Complete Answers all correct, A+ Guide. HSA 546 Final Exam Part 2 and 1 • Question 1 The six primary categories of __________ in the office practice are professional, personnel, property, financial, information technology, and legal/regulatory. • Question 2 Which of the following statements is true regarding the hiring process? • Question 3 The four primary functions of __________ in the office practice are to: 1) provide clinical communication with any practitioner who may see the patient for current or future care, 2) provide the basis for billing charges, 3) help maintain compliance with regulations and standards, and 4) provide a risk management tool to support the clinical actions and decision making of the provider. • Question 5 Who is responsible for both accounting and budgeting in a medical practice? • Question 6 The Statement of Financial Accounting Concepts No. 1 states that: Financial reporting should provide information that is useful to present to: • Question 7 __________ is “the rational and systematic allocation of the cost of a capital item to the revenues it produces over its useful life.” • Question 8 Which of the following statements is true regarding budgeting?

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