WGU C428 Pre-assessment Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE

WGU C428 Pre-assessment Exam Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE A medical center is expanding its hospital staff to accommodate the increasing number of flu cases seen over the past weeks. Which type of finance activity is described in this scenario? Cost Cash Capital Control Cost A healthcare organization's senior finance leader is responsible for all financial plans and activities related to reimbursement, accounting, budgeting, and management for a healthcare system's financial well-being. Which role matches this description? Controller Treasurer Staff accountant Chief financial officer Chief financial officer The most common structures of hospitals are religious, secular, or academic. These organizations raise capital through donations and tax-exempt debt. What is the legal structure of hospitals that raise capital through these means? Not-for-profit: to break even For-profit: to maximize profits For-profit: to maximize shareholder value Not-for-profit: to meet charitable purposes Not-for-profit: to meet charitable purposes An established diagnostic center needs a new mammogram machine. The center has incurred higher debt and is very highly leveraged but decides to apply for another secured loan at its local bank. What will the bank decide about the secured loan? The interest rate will be lower. The interest rate will be higher. The interest rate will be variable. The interest rate will remain stable. The interest rate will be