ACHE Fellowship Exam 2024

ACHE Fellowship Exam 2024 The ratio of total assets to total liability - ANSWER Acid-test ratio The volume that would be realized if each prospective consumer were to purchase a specific amount of a particular service during a defined future time frame. - ANSWER Market Potential Entries assign capital costs through depreciation of long-term assets, adjust inventory values, and allocate expenses of central services. - ANSWER General Ledger Income actually received, as opposed to that initially posted; equal to gross revenue minus adjustments for bad debts, charity, and discounts to third parties. - ANSWER Net Revenue Income generated from non-patient care activities, including investments in securities and earnings from unrelated businesses. - ANSWER Non operating revenue This type organization is required to submit a statement of earnings, financial positions, changes in financial position and earnings annually. - ANSWER Publicly owned healthcare organization Probability models that forecast the internal flow of employees from one job category to another. - ANSWER Transition Matrix Forecasting organizational needs for human resources by focusing on specific openings that are likely to occur and using these for planning. - ANSWER Demand-pull approach Forecasting the internal supply of employees as they move from their current jobs into others through promotions, lateral moves and terminations. - ANSWER Supply-push approach It provides input date for other budgets - ANSWER Statistics budget From bottom to top: Physiological, safety, belonging, esteem, self actualization - ANSWER Maslow's Hierarchs of needs A firms ability to meet its current obligations in a timely manner - ANSWER Liquidity ratio Measures the organizations long term liquidity - ANSWER Capital structure ratios A bond issued by a state, county, city, or town, or by a state authority or agency to finance projects. - ANSWER Municipal Bonds