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HSM 340 MIDTERM EXAM GRADED A

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Which of the following is part of a statistics budget? (Points : 5) Output expectations Responsibility for estimation Estimation methodology All of the above Question 2.2. (TCO 4) Which budgetary... issue causes the most strife in all areas of a health care organization? (Points : 5) Setting volume levels Setting prices Allocation of indirect costs Deciding whether to use a fixed or flexible budget Question 3.3. (TCO 4) Effectiveness is a relationship between: (Points : 5) Outputs and organizational goals Inputs and outputs Inputs and organizational goals None of the above. Question 4.4. (TCO 3) Estimate the total variable cost (i.e., including both routine and ancillary) per MSDRG 505 using the departmental cost/charge ratios and variable cost percentages. (Your answer might be slightly different due to rounding. Pick the closest.) (Points : 5) $5,213 $3,892 $7,613 $5,452 $8,070 Question 5.5. (TCO 3) Your controller has told you that the marginal profit of DRG 209 (major joint procedure) for a Medicare patient exceeds the marginal profit for an average charge patient. Why might this occur? [Show More]

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