9/12/25, 8:16 PM Week 2 - Quiz 1: HCA312: Health Care Finance (HCI2535A)
Week 2 - Quiz 1
Due Sep 8 at 11:59pm
Points 20
Questions 20
Time Limit 90 Minutes
Allowed Attempts 2
Instructions
Assets, Liabilities, Revenues, and Expenses
[WLOs: 2 ,3] [CLOs: 1, 2, 3]
Prior to taking this quiz,
Review Chapters 4, 5, and 6 in the course textbook, Baker’s Health Care Finance: Basic Tools for
Nonfinancial Managers.
It is recommended you 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.
Review the Week 2 Key Terms (https://uagc.instructure.com/courses/150394/files/23638259?wrap=1)
(https://uagc.instructure.com/courses/150394/files/23638259/download?download_frd=1) handout.
The quiz contains 20 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 30 minutes 19.4 out of 20
Correct answers are hidden.
, 9/12/25, 8:16 PM Week 2 - Quiz 1: HCA312: Health Care Finance (HCI2535A)
Score for this attempt: 19.4 out of 20
Submitted Sep 12 at 6:16pm
This attempt took 30 minutes.
Question 1
pts
Dr. Clark has assets of $150,000 and liabilities of $60,000. What is the net worth of the practice?
$60,000
$90,000
$150,000
None of these
Question 2
pts
Which of these terms would also be appropriate to identify the net worth of a not-for-profit organization?
Owner’s equity
Fund balance
Capital stock
Retained earnings
Question 3
pts
Which of these is not a liability?
Accounts payable
Payroll taxes due
Notes payable
Mortgage payable
Cash
Question 4
pts
The largest investment in assets for a typical hospital is
cash.
accounts receivable.
inventory.
equipment, buildings, and land.
investments.
Week 2 - Quiz 1
Due Sep 8 at 11:59pm
Points 20
Questions 20
Time Limit 90 Minutes
Allowed Attempts 2
Instructions
Assets, Liabilities, Revenues, and Expenses
[WLOs: 2 ,3] [CLOs: 1, 2, 3]
Prior to taking this quiz,
Review Chapters 4, 5, and 6 in the course textbook, Baker’s Health Care Finance: Basic Tools for
Nonfinancial Managers.
It is recommended you 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.
Review the Week 2 Key Terms (https://uagc.instructure.com/courses/150394/files/23638259?wrap=1)
(https://uagc.instructure.com/courses/150394/files/23638259/download?download_frd=1) handout.
The quiz contains 20 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 30 minutes 19.4 out of 20
Correct answers are hidden.
, 9/12/25, 8:16 PM Week 2 - Quiz 1: HCA312: Health Care Finance (HCI2535A)
Score for this attempt: 19.4 out of 20
Submitted Sep 12 at 6:16pm
This attempt took 30 minutes.
Question 1
pts
Dr. Clark has assets of $150,000 and liabilities of $60,000. What is the net worth of the practice?
$60,000
$90,000
$150,000
None of these
Question 2
pts
Which of these terms would also be appropriate to identify the net worth of a not-for-profit organization?
Owner’s equity
Fund balance
Capital stock
Retained earnings
Question 3
pts
Which of these is not a liability?
Accounts payable
Payroll taxes due
Notes payable
Mortgage payable
Cash
Question 4
pts
The largest investment in assets for a typical hospital is
cash.
accounts receivable.
inventory.
equipment, buildings, and land.
investments.
