Health Care > QUESTIONS & ANSWERS > HSM 543 Quizzes | questions with 100% correct answers | 8 pages (All)

HSM 543 Quizzes | questions with 100% correct answers | 8 pages

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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 Explanatio... n: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 organization improve the marketing budget generate a reasonable net income follow accounting rules and regulations Instructor Explanation:See Chapter 1, page 7. Points Received: 0 of 5 Comments: See Chapter 1, page 7. Question 3. Question : (TCO B) The rationale for having tax exempt organizations is the fact that _____. Student Answer: the economy still benefits from jobs generated and payroll taxes paid there are local real estate taxes collected from the organization the organization is actually relieving the government of the burden of providing the services All of the above [Show More]

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