1.The ability to communicate financial information effectively to others is a valuable skill. Which of the following is not one of the abilities to communicate financial information? Group of answer...


1.The ability to communicate financial information effectively to others is a valuable skill. Which of the following is not one of the abilities to communicate financial information?




Group of answer choices

Begin with an executive summary.



Organize the body of the report in a logical flow.



Use unaccepted terminology.



Create a report as your method of communication.


2. The manager who is working with financial data needs to be able to read and comprehend how the dollars are laid out and how they are gathered together, or assembled is part of what basic element?



Group of answer choices

Chart of Accounts - The Map



Books and Records - Capture Transactions



Reports - The Produce



Other Elements


3. The use of Electronic Health Records in behavioral health is limited because of _________ which cause persistent barriers to information sharing.

Group of answer choices

employee access



consumer access



privacy concerns



social media concerns


4. What term is used to describe the difference between assets and liabilities for non-profit and government organizations?
Group of answer choices

Owner's Equity



Capital Stock



Fund Balance



Retained Earnings


5. Grouping revenue by different classifications is an effective method for managers to use the information to plan and to control.  What term is described as "tend to occur most often in special programs where volume is critical to survival of the program"?

Group of answer choices

Service Line



Revenue Center



Long-Term Care



Physician Groups


6. These following attributes describes which one of the below government programs:



  • State specific

  • Serves the poor

  • Policies are complex and varies among states

  • Part of the Social Security Act




Group of answer choices

Medicare



Medicaid



Social Security Act



Medicare Advantage



Title XIX


7. In traditional cost accounting circles, ________ is a grouping of similar products.



Group of answer choices

Revenue Centers



Care Centers



Service Lines



Hospital Sites



Commercial Insurers


8. A supply bill for $1,500.00 recorded in the books of the community clinic is an example of a/an:



Group of answer choices

Liability



Expense



Revenue



Charges



Cost


9. According to your text, an office or an entire department are also called __________ _________ within healthcare organizations.



Group of answer choices

Revenue Centers



Cost Centers



Reporting Centers



Professional Services



Responsibility Center


























Jun 07, 2022
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