Question:
Question 1
Healthcare firms can reasonably expect to finance all of their investment needs with debt.
True
False
Question 2
What are the four phases of management control?
-Programming
-Budgeting
-Accounting
-Analysis & Reporting
Question 3
Effectiveness is a relationship between:
A. Outputs and organizational goals
B. Inputs and outputs
C. Inputs and organizational goals
D. None of the above
Question 4
What avenues are available for not-for-profit healthcare providers to increase their equity position?
Internally generated funds (making money from operations), philanthropy, government grants
Question 5
The following is an example of a _____________ budget: "The budget for the radiology department is different at 90 percent occupancy than at 80 percent occupancy."
A. rolling
B. flexible
C. forecast
D. fixed
Question 6
One useful way to review the validity of a financial plan is to compare the projected financial ratios with historical values.
True
False
Question 7
What avenues are available for for-profit healthcare providers to increase their equity position?
Internally generated funds (making money from operations), philanthropy, government grants
Question 8
What are the four sources of long-term debt financing?
Tax exempt revenue bonds,
Federal Housing Administration (FHA) insured mortgages,
Public tax bonds,
Conventional mortgage financing
Question 9
Strategic planning should _________ financial planning.
A. follow
B. be contemporaneous with
C. precede
D. None of the above
Question 10
Does adding debt increase or decrease the flexibility of a healthcare provider? Why?