Participative budgeting Study guides, Class notes & Summaries

Accounting accurately measures all the financial activities of an individual or a business. accounting cycle The steps repeated each reporting period for the purpose of preparing financial statements for users. Accounting Equation The logic of the double entry is based ont his equation: Assets = Liabilities + Net Worth Accounting Ethics A high standard of behavior (honesty and fairness) that all accountants are expected to follow. Accounts Payable The amount the ...

Sole Trader - Answer Businesses owned and operated by a single individual. Advantage: -Owner has complete control over all decisions in the business - The owner has the right to keep all the profits after taxes Disadvantage: - Unlimited liability for business debts - Burden of management and failure all falls to the owner Partnership - Answer Businesses that are owned by a minimum of 2 and a maximum of 20 people. A partnership may be made orally or written. Advantage: - Combined...

CAPM Practice Exam 151 Questions with Verified Answers What includes the reasons for project initiation, objectives and a decision on the project? - CORRECT ANSWER Business Case Crashing - CORRECT ANSWER A technique used to shorten the schedule duration for the least incremental cost by adding resources. Fast-Tracking - CORRECT ANSWER A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duratio...

IOM definition of healthcare quality - ANSWER The degree to which health services for individuals and populations increase the likelihood of desired health outcomes and are consistent with current professional knowledge Quality Management definition - ANSWER A strategic, integrated management system, which involves all managers and employees and uses quantitative methods to continuously improve an organization's processes to meet and exceed customer needs, wants and expectations IOMs 6 a...

SHRM-CP Exam 361 Questions with Verified Answers 2022 SHRM - CORRECT ANSWER Society for Human Resource Management What is Business Acumen? - CORRECT ANSWER How an Organization decides to deal with a business situation to drive the best outcomes. -knowledge of the most profitable aspects of the business -understanding of cash flow and the current market situation -thorough understanding of the respective business niche Significance of Business Acumen - CORRECT ANSWER -helps HR bring m...

Health care management Exam 1 Questions and Answers 100% Correct Health care management, specifically, is the profession that: Provides leadership and direction to organizations that deliver personal health services and to divisions, departments, units, or services within those organizations. Organization culture is commonly defined as: The character, personality, and experience of organizational life. Direct Care Provides care directly to the patient, resident, or client who s...

Civil Service Exam City Of LA Sr. Mgmt Analyst 89 Questions with Verified Answers Intermittent (position) - CORRECT ANSWER Intermittent Position, duties on a recurrent basis, less that "half-time" CAO (City Administrative Officer)- Personnel - CORRECT ANSWER ..reviews, "personnel services" to determine, *Need, *Financing Civil Rights Act of 1964 prohibited discrimination of: (5 answers) - CORRECT ANSWER 1-Race, 2-Color, 3-Sex, 4- Religion, 5-National Origin CAO (City Administrati...

Which of the following indicators is the most practical parameter for screening nutrition status in elderly clients? a. Weight change b. Serum albumin level c. Triceps skinfold thickness d. 24-hour dietary recall record a. Weight change Answer (a) is the correct answer because in older clients, unintentional weight loss is associate with increased risk of depression, infection, overall poor nutrition status, and mortality. Answer (b) is not the correct answer because it is less prac...

Assisted Living Facility Manager LATEST WITH FULL SOLUTION QUESTIONS AND ANSWERS 100% VERIFIED HVAC - heating, ventilation, and air conditioning abuse - use (something) to bad effect or for a bad purpose; misuse. accessibility - handiness: the quality of being at hand when needed accident reporting - In a health care facility, such as a hospital, nursing home, or assisted living, an incident report or accident report is a form that is filled out in order to record details of an unusu...

RHIA Exam Prep 79 Questions with Verified Answers 2021 In order to prevent the accidental introduction of a virus into your facility's local area network, your facility has a policy that strictly prohibits: a. Doing personal work on the computer system, even during personal time b. Sharing disks from one workstation to another within the facility c. Sending or receiving e-mail from addresses that have not been authorized d. Downloading executable files from electronic bulletin boards...