WGU C428 OA EXAM 2024-2025
ACTUAL EXAM COMPLETE 400
QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY
GRADED A+
A medical group has expanded its facilities in
anticipation of the Affordable Care Act (ACA). Prior
to the ACA, the group accepted insurance from
private plans only. Now, many patients have
individual policies through a marketplace exchange
plan.
How will accepting this new form of insurance
increase revenue?
It will use the group's excess capacity.
It will reduce patient co-pays for services.
,It will eliminate compliance fines with ACA.
It will control the number of contracted providers. -
....ANSWER...It will use the group's excess capacity.
The following is a portion of a healthcare
organization's budget:
What is the budget variance and was the spending
over or under budget?
Budget variance was $72,000 and spending was over
budget.
Budget variance was $72,000 and spending was
under budget.
Budget variance was $73,000 and spending was over
budget.
Budget variance was $73,000 and spending was
under budget. - ....ANSWER...Budget variance was
$73,000 and spending was over budget.
The following is a portion of a healthcare
organization's budget:
,What is the central supply budget variance, and was
the department over or under budget?
The budget variance was $800 and the department
was over budget.
The budget variance was $800 and the department
was under budget.
The budget variance was $2,250 and the department
was over budget.
The budget variance was $2,250 and the department
was under budget. - ....ANSWER...The budget
variance was $800 and the department was over
budget.
As the newly hired administrator at a private ear,
nose, and throat (ENT) practice has a goal of the
position is to increase patient volume. Many
physicians and nurse practitioners (NP) of the
practice are not at capacity. Two physicians are
specially trained in facial trauma and reconstruction
and would like to expand the practice to include
these services.
The current general ENT patients from these two
physicians could be moved to the others to allow for
, all the physicians to be at full capacity. With this
change, it is determined that the NPs are not needed.
How will these changes affect the budgetary
process?
Capital budget is increased due to surgeries and
more patients; capital expenses are down due to
less salaries and fringe benefits.
Capital budget is increased due to increased
surgeries and more patients; operational expenses
are down due to less salaries and fringe benefits.
Operational budget revenue -
....ANSWER...Operational budget revenue is
increased due to increased surgeries and more
patients; operational expenses are down due to less
salaries and fringe benefits.
The administrator of a private ear, nose, and throat
(ENT) practice would like to add additional services
by hiring new physicians. The goal is to hire six new
physicians by the end of the fiscal year while
keeping salaries payable within certain parameters.
Which budget should be monitored?
ACTUAL EXAM COMPLETE 400
QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY
GRADED A+
A medical group has expanded its facilities in
anticipation of the Affordable Care Act (ACA). Prior
to the ACA, the group accepted insurance from
private plans only. Now, many patients have
individual policies through a marketplace exchange
plan.
How will accepting this new form of insurance
increase revenue?
It will use the group's excess capacity.
It will reduce patient co-pays for services.
,It will eliminate compliance fines with ACA.
It will control the number of contracted providers. -
....ANSWER...It will use the group's excess capacity.
The following is a portion of a healthcare
organization's budget:
What is the budget variance and was the spending
over or under budget?
Budget variance was $72,000 and spending was over
budget.
Budget variance was $72,000 and spending was
under budget.
Budget variance was $73,000 and spending was over
budget.
Budget variance was $73,000 and spending was
under budget. - ....ANSWER...Budget variance was
$73,000 and spending was over budget.
The following is a portion of a healthcare
organization's budget:
,What is the central supply budget variance, and was
the department over or under budget?
The budget variance was $800 and the department
was over budget.
The budget variance was $800 and the department
was under budget.
The budget variance was $2,250 and the department
was over budget.
The budget variance was $2,250 and the department
was under budget. - ....ANSWER...The budget
variance was $800 and the department was over
budget.
As the newly hired administrator at a private ear,
nose, and throat (ENT) practice has a goal of the
position is to increase patient volume. Many
physicians and nurse practitioners (NP) of the
practice are not at capacity. Two physicians are
specially trained in facial trauma and reconstruction
and would like to expand the practice to include
these services.
The current general ENT patients from these two
physicians could be moved to the others to allow for
, all the physicians to be at full capacity. With this
change, it is determined that the NPs are not needed.
How will these changes affect the budgetary
process?
Capital budget is increased due to surgeries and
more patients; capital expenses are down due to
less salaries and fringe benefits.
Capital budget is increased due to increased
surgeries and more patients; operational expenses
are down due to less salaries and fringe benefits.
Operational budget revenue -
....ANSWER...Operational budget revenue is
increased due to increased surgeries and more
patients; operational expenses are down due to less
salaries and fringe benefits.
The administrator of a private ear, nose, and throat
(ENT) practice would like to add additional services
by hiring new physicians. The goal is to hire six new
physicians by the end of the fiscal year while
keeping salaries payable within certain parameters.
Which budget should be monitored?
