Management > EXAM > HSM 543 FINAL EXAM | QUESTIONS WITH 100% CORRECT ANSWERS | 16 PAGES (All)
Question 1 0 / 5 pts (TCO A) The purpose of managerial accounting is the study of _____. You Answered financial statements strategic plans management behavior Correct Answer costs, includi ... ng methods to classify and allocate costs See Chapter 1, page 6. Question 2 5 / 5 pts (TCO A) The most important objective of healthcare financial management is to _____. determine the tax status of the organization improve the marketing budget Correct! generate a reasonable net income follow accounting rules and regulations See Chapter 1, page 7. Question 3 0 / 5 pts (TCO B) What percent of revenue do for-profit hospitals deliver in uncompensated care? Correct Answer 3%–4% 10% 15%–20% You Answered None See Chapter 3, page 53. Question 4 0 / 5 pts (TCO A) Healthcare organizations submit to an external audit by an independent auditing firm. The most favorable auditor opinion is _____. Correct Answer an unqualified opinion a qualified opinion an adverse opinion You Answered a disclaimer of opinion None of the above [Show More]
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