Question: True or False? Advances in health care technology are having a significant impact not only on how health care organizations do business, but also on their internal need for storing information.
Answer Options:
True or False?
Answer: True
Question: The type of budget that forecasts cash inflows and cash outflows for the next fiscal year is called the:
Answer Options:
A. Expense budget
B. Capital budget
C. Statistics budget
D. Operating or cash budget
Answer: D. Operating or cash budget
Question: The chief financial officer (CFO) of a hospital supervises all of the following officers EXCEPT:
Answer Options:
A. The independent auditor
B. The controller
C. The internal auditor
D. The treasurer
Answer: A. The independent auditor
Question: True or False? The Office of the National Coordinator for Health Information Technology has defined electronic medical records as a digital version of the paper records.
Answer Options:
True or False?
Answer: True
Question: The primary goal of managing accounts receivable is to:
Answer Options:
A. Reduce the collection period for payment for services
B. Increase the collateral for negotiating a line of credit with lenders
C. Collect revenue for investment opportunities
D. Generate ‘good will’ for the organization
Answer: A. Reduce the collection period for payment for services
Question: e-Health is comprised of the following:
Answer Options:
A. The practice of providing clinical services electronically
B. The provision of environmental health services
C. The use of telecommunications to deliver health information
D. The delivery of e-mail about health care
Answer: C. The use of telecommunications to deliver health information
Question: True or False? Capitation shifts the risk of coverage from the insurer to the provider of health care.
Answer Options:
True or False?
Answer: True
Question: True or False? Interoperability refers to the concept of being able to exchange data among providers of health care.
Answer Options:
True or False?
Answer: True
Question: Charity care is:
Answer Options:
A. Care provided to a charitable organization
B. Care provided to a patient that the hospital knows cannot pay
C. Written off as bad debt
D. Care in lieu of a bill
Answer: B. Care provided to a patient that the hospital knows cannot pay
Question: For-profit health care organizations are usually owned by:
Answer Options:
A. Local government agencies
B. The federal government
C. Local government agencies and the federal government
D. Investors looking to make a profit
Answer: D. Investors looking to make a profit
Question: Job analysis is necessary for:
Answer Options:
A. Define jobs
B. Determine projected staffing needs
C. Evaluate employee performance
D. All of these are correct.
Answer: D. All of these are correct.
Question: Which of the following is NOT a characteristic of not-for-profit healthcare organizations?
Answer Options:
A. Must provide designated amounts of community benefit
B. Are exempt from paying taxes and most business fees
C. Revenues cannot benefit individuals in the organization
D. May participate in political campaigns
Answer: D. May participate in political campaigns
Question: Physician reimbursement through Medicare will eventually be:
Answer Options:
A. Merit-based reimbursement
B. Flat fee
C. Capitation
D. All of these are correct.
E. None of these are correct.
Answer: A. Merit-based reimbursement
Question: True or False? The end result of working capital management is to increase revenues and reduce expenses.
Answer Options:
True or False?
Answer: False
Question: Human resources decisions need to be strategic because:
Answer Options:
A. Increasing competition among HSOs
B. The need to analyze jobs
C. Trends in using incentive compensation
D. All of these are correct.
Answer: D. All of these are correct.