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Exam (elaborations)

HCA 312 Week 1 Quiz 2 | Score 14/15 | Liberty University

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HCA 312 Week 1 Quiz 2 | Score 14/15 | Liberty University

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9/4/25, 6:57 PM Week 1 - Quiz 2: HCA312: Health Care Finance (HCI2535A)



Week 1 - Quiz 2
Due Sep 1 at 11:59pm
Points 15
Questions 15
Time Limit 90 Minutes
Allowed Attempts 2

Instructions




Strategic Planning and Relationships
[WLO: 1] [CLOs: 1, 5]
Prior to taking this quiz, review the following resources:

Chapters 24 and 26 in the course textbook, Baker’s Health Care Finance: Basic Tools for Nonfinancial
Managers
You should also carefully review the key terms at the end of each chapter prior to beginning the quiz. The
quiz questions relate to the assigned readings for this week.
The Mission, Vision, and Values Statements (https://youtu.be/8wem6FZAucw) video
Week 1 Key Terms (https://uagc.instructure.com/courses/150394/files/23638255?wrap =1)
(https://uagc.instructure.com/courses/150394/files/23638255/download?download_frd=1) handout

The quiz contains 15 multiple-choice questions. Each quiz question is worth one point, and the quiz is worth
4% of your course grade. You will have two attempts and 90 minutes for each attempt to complete the quiz.
The highest score will be shown in the gradebook. Select the Take the Quiz button when you are ready to start
this quiz. When finished, select the Submit Quiz button.

Take the Quiz Again


Attempt History
Attempt Time Score

LATEST Attempt 1 64 minutes 14 out of 15

, 9/4/25, 6:57 PM Week 1 - Quiz 2: HCA312: Health Care Finance (HCI2535A)


Correct answers are hidden.

Score for this attempt: 14 out of 15
Submitted Sep 4 at 4:55pm
This attempt took 64 minutes.
Question 1
pts
The purpose of financial projections in strategic planning is to
determine if the strategic plan is feasible
allocate funds to chosen goals
develop and assess what-if scenarios
choose goals when there are insufficient funds to complete all goals


Question 2
pts
An organization with more weaknesses than strengths operating in an environment with more opportunities than
threats would be placed in the
future quadrant of the SWOT matrix
external fix-it quadrant of the SWOT matrix
internal fix-it quadrant of the SWOT matrix
survival quadrant of the SWOT matrix
Incorrect


Question 3
pts
The major component of a strategic plan that provides other, detailed plans to achieve objectives in the strategic
planning cycle is/are
mission statement
vision
organizational values
goals
action plans


Question 4
pts
The purpose of the mission, vision, and value statements is not realized if the organization’s message is not
relayed. Which of the following is an acceptable method of relaying that message?
Providing a booklet downloadable from the internet

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