WGU C428 Financial Resource Management in Healthcare Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE

WGU C428 Financial Resource Management in Healthcare Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE Accounting The measure 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 issuer the right to redeem the bonds before maturity under specified terms. A business will call a bond issue and refund it if interest rates fall sufficiently after the bond has been issued. Capital Investment Analysis Involves analyzing potential expenditures on land, buildings, and equipment and deciding whether or not the organization should undertake those investments. 4 Steps: 1. Estimate the expected cash flows. 2. Assess the riskiness of those flow. 3. Estimate the appropriate opportunity cost of capital. 4. Determine the project's profitability and breakeven characteristics.