Hsm 543 week 2 quiz Study guides, Class notes & Summaries

HSM 543 QUIZZES WEEK 1 - WEEK 6 (questions and answers) DeVryUniversity HSM 543 QUIZZES WEEK 1 - WEEK 6 (questions and answers) DeVryUniversity Week 1 Quiz 1. Question : (TCO A) The purpose of financial accounting is to provide information to . Student Answer: external users lenders suppliers the government All of the above Instructor Explanation: See Chapter 1, page 5. Points Received: 5 of 5 Comments: Question 2. Question : (TCOA) The most important objective of healthcare...

Question: The difference between operating margin and total margin is which of the following? (CO D) The balance sheet includes three main categories. Give examples of each of the three categories. (H int: Remember the accounting equation.) (CO D) Discuss the role of explanatory notes. (CO D) What is included in permanently restricted net assets? (CO D) The difference between operating margin and total margin is which of the following? Question: (CO D) The balance sheet includes three main categ...

Question: (CO D) The difference between operating margin and total margin is which of the following? Question: (CO D) ALOS is used as a key operating indicator. What are some of the factors to be con sidered that can affect the ALOS calculation? Question: (CO D) Discuss the role of explanatory notes. Question: (CO D) Why is a higher value of total asset turnover ratio more desirable Show Less

HSM 543 Health Services Finance Week 1 Quizzes July 2022 . Week 1 Quiz 1. Question : (TCO A) The purpose of financial accounting is to provide information to _____. Student Answer: external users lenders suppliers the government All of the above Instructor Explanation: See Chapter 1, page 5. Points Received: 5 of 5 Comments: Question 2. Question : (TCO A) The most important objective of healthcare financial management is to _____. Student Answer: determine the tax status of the org...

Question: (CO D) The difference between operating margin and total margin is which of the following? Question: (CO D) ALOS is used as a key operating indicator. What are some of the factors to be con sidered that can affect the ALOS calculation? Question: (CO D) Discuss the role of explanatory notes. Question: (CO D) Why is a higher value of total asset turnover ratio more desirable? Show Less

HSM 543 Week 3 Quiz CO C) A method of providing coverage where the employer assumes risk is managed care. point of service. closed panel HMO. direct contracting. preferred provider organization. (CO C) Which of the following describes open-panel HMOs? Member physicians are not employees of the association. Member physicians are employees of the association. They provide incentive payments to physicians. They rely on a group of primary physicians. CO C) The methods of payment used by third-party ...

HSM 543 Week 6 Quiz (set 2) complete answers solutions, 2020/2021-(COs F and G) List the five factors that were shaping Berman, Kukla, and Weeks’ (1994) views of the future of healthcare. Question: (COs F and G) A number of proposals labeled “patient’s bill of rights” have emerged in the last 7 years, with many states already enacting such legislation. Although patient privacy was an issue, there was an exception for releasing patient information under certain circumstances in the public...

HSM 543 Week 2 Quiz The difference between operating margin and total margin is which of the following? Operating margin does not indicate profitability from ongoing operations. Operati ng margin is operating income ÷ total operating revenue. Total margin is gross profit ÷ total revenue. One is a profitability ratio and the other is an efficiency ratio. Neither ratio is used by management or external users of financial statements. Both are operating indicators. CO D) The balance sheet includes...

Question: (CO D) The difference between operating margin and total margin is which of the following? Question: (CO D) ALOS is used as a key operating indicator. What are some of the factors to be considered that can affect the ALOS calculation? Question: (CO D) Discuss the role of explanatory notes. Question: (CO D) Why is a higher value of total asset turnover ratio more desirable?