HSA464 Test 1 UPDATED ACTUAL Exam
Questions and CORRECT Answers
The purpose of a not-for-profit healthcare facility is to
a. make a substantial profit.
b. provide healthcare services to the community.
c. provide healthcare services specifically to the medically indigent.
d. raise funding for research and technology. - CORRECT ANSWER b. provide healthcare
services to the community.
What are the five management functions?
a. Planning, communicating, decision making, staffing, controlling
b. Communicating, decision making, coordinating, staffing, controlling
c. Planning, organizing, staffing, controlling, directing
d. Organizing, staffing, decision making, communicating, controlling - CORRECT
ANSWER c. Planning, organizing, staffing, controlling, directing
The purpose of healthcare financial management is to
a. provide accounting and financial information that assists the manager in achieving the
organization's
purpose.
b. manage finances.
c. make a profit.
d. provide accounting and financial information to the board so it can best view the financial
position of the organization. - CORRECT ANSWER a. provide accounting and financial
information that assists the manager in achieving the organization's
purpose.
The most important objective of healthcare financial management is to
a. respond to regulations.
, b. generate income.
c. respond to third-party payers.
d. monitor physicians. - CORRECT ANSWER b. generate income.
Managers typically represent a __________ view of ethics, whereas clinicians typically represent
a _________ view of ethics.
a. deontological; utilitarian
b. utilitarian; deontological
c. loose; strict
d. strict; loose - CORRECT ANSWER b. utilitarian; deontological
Healthcare expenditures as a percent of gross domestic product are about
a. 14 percent.
b. 16 percent.
c. 18 percent.
d. 20 percent. - CORRECT ANSWER c. 18 percent.
By type of service, the largest healthcare expenditure are
a. hospitals.
b. physicians.
c. pharmaceuticals.
d. nursing homes. - CORRECT ANSWER a. hospitals.
By source of funds, the largest healthcare payer is
a. Medicare.
b. Medicaid.
c. private health insurance.
d. out of pocket. - CORRECT ANSWER c. private health insurance.
Questions and CORRECT Answers
The purpose of a not-for-profit healthcare facility is to
a. make a substantial profit.
b. provide healthcare services to the community.
c. provide healthcare services specifically to the medically indigent.
d. raise funding for research and technology. - CORRECT ANSWER b. provide healthcare
services to the community.
What are the five management functions?
a. Planning, communicating, decision making, staffing, controlling
b. Communicating, decision making, coordinating, staffing, controlling
c. Planning, organizing, staffing, controlling, directing
d. Organizing, staffing, decision making, communicating, controlling - CORRECT
ANSWER c. Planning, organizing, staffing, controlling, directing
The purpose of healthcare financial management is to
a. provide accounting and financial information that assists the manager in achieving the
organization's
purpose.
b. manage finances.
c. make a profit.
d. provide accounting and financial information to the board so it can best view the financial
position of the organization. - CORRECT ANSWER a. provide accounting and financial
information that assists the manager in achieving the organization's
purpose.
The most important objective of healthcare financial management is to
a. respond to regulations.
, b. generate income.
c. respond to third-party payers.
d. monitor physicians. - CORRECT ANSWER b. generate income.
Managers typically represent a __________ view of ethics, whereas clinicians typically represent
a _________ view of ethics.
a. deontological; utilitarian
b. utilitarian; deontological
c. loose; strict
d. strict; loose - CORRECT ANSWER b. utilitarian; deontological
Healthcare expenditures as a percent of gross domestic product are about
a. 14 percent.
b. 16 percent.
c. 18 percent.
d. 20 percent. - CORRECT ANSWER c. 18 percent.
By type of service, the largest healthcare expenditure are
a. hospitals.
b. physicians.
c. pharmaceuticals.
d. nursing homes. - CORRECT ANSWER a. hospitals.
By source of funds, the largest healthcare payer is
a. Medicare.
b. Medicaid.
c. private health insurance.
d. out of pocket. - CORRECT ANSWER c. private health insurance.
