Question 1: The United States spent more than _________ on health care in 2004.
- $1 trillion
- $4.14 trillion
- $1.9 trillion
- $3 trillion
Question 2: The two trends emerging faster and with more power than in the past are _________ and _________.
- genomic medicine; drug therapy.
- natural healing; drug therapy.
- homeopathy; gene therapy.
- defensive medicine; community health.
Question 3: _________ is an extension of much of the gene therapy that was done throughout the 1990s.
- Medical therapy
- Drug therapy
- Pharmacogenetics
- Pharmacology
Question 4: The areas with the greatest expenditure increase between 2004 and 2016 are health care and _________.
- education.
- drugs.
- welfare.
- child care.
Question 5: The fixed expenses are generally specific to a program and they do not vary with _________.
- expenses.
- volume.
- profitability.
- margin.
Question 6: It is important to be relatively conservative when estimating volumes, _________, and net revenues.
- volume
- contractual adjustments
- demand
- net revenue rate
Question 7: It is estimated that health care spending will increase to _________ by the year 2016.
- $ trillion
- $4.14 trillion
- $1.9 trillion
- $3 trillion
Question 8: To determine the _________ for a new service, it is essential to be able to estimate the volume of the new service and the cost per unit of the service.
- expenses
- variable expense
- profitability
- margin
Question 9: Because most project expenses are _________, it is important to have the volume assumption completed before an estimate of staffing and supplies can begin.
- fixed
- adjustable
- variable
- constant
Question 10:
The second toughest assumption in any pro-forma is often the _________ assumptions because of the significant possibility of being over optimistic.
- volume
- expenses
- demand
- net revenue rate