ACCREDITED TEST BANK SOLUTION FOR
GAPENSKIS FUNDAMENTALS OF HEALTHCARE
FINANCE EXAM 2026 COMPREHENSIVE STUDY
GUIDE WITH SOLUTIONS
◉ Controller. Answer: Responsible for accounting and reporting
activity l
-patient account manager reports to comptroller or controller
◉ Follow best practice. Answer: Follow legal and regulatory
practices. Co rain costs and reduce risks
◉ Smaller organizations have financial responsibilities assigned to:.
Answer: Business(practice) manager
◉ Corporate loan interest. Answer: Combination of assessed risk
and inflation determine interest rate of the loan
◉ Debt financing and equity. Answer: Debt vs equity involves
weighing risk against return
◉ Breakeven analysis. Answer: Determines point when investment
will generate positive return
, ◉ Discounted flow analyt. Answer: Estimate the value of
investments expected cash flows to determine attractiveness of
investment
◉ Return on investment. Answer: Measures the efficiency of the
invtof the project
◉ Planning. Answer: Overall process of preparing for the future
◉ Budgeting. Answer: Accounting process that ties planning and
controlling together
◉ operating plan. Answer: Five year plan
◉ Treasurer. Answer: Acquisition and management of capital funds-
cash manager reports to treasurer
◉ Financial plan. Answer: Deals with financial matters
◉ conventional approach. Answer: Uses previous budget as basis for
construction of new budget
GAPENSKIS FUNDAMENTALS OF HEALTHCARE
FINANCE EXAM 2026 COMPREHENSIVE STUDY
GUIDE WITH SOLUTIONS
◉ Controller. Answer: Responsible for accounting and reporting
activity l
-patient account manager reports to comptroller or controller
◉ Follow best practice. Answer: Follow legal and regulatory
practices. Co rain costs and reduce risks
◉ Smaller organizations have financial responsibilities assigned to:.
Answer: Business(practice) manager
◉ Corporate loan interest. Answer: Combination of assessed risk
and inflation determine interest rate of the loan
◉ Debt financing and equity. Answer: Debt vs equity involves
weighing risk against return
◉ Breakeven analysis. Answer: Determines point when investment
will generate positive return
, ◉ Discounted flow analyt. Answer: Estimate the value of
investments expected cash flows to determine attractiveness of
investment
◉ Return on investment. Answer: Measures the efficiency of the
invtof the project
◉ Planning. Answer: Overall process of preparing for the future
◉ Budgeting. Answer: Accounting process that ties planning and
controlling together
◉ operating plan. Answer: Five year plan
◉ Treasurer. Answer: Acquisition and management of capital funds-
cash manager reports to treasurer
◉ Financial plan. Answer: Deals with financial matters
◉ conventional approach. Answer: Uses previous budget as basis for
construction of new budget
