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ACHE Fellowship Exam Latest Update Complete Solutions
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ACHE Fellowship Exam Latest Update Complete Solutions
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ACHE Fellowship Exam Latest 20232024Complete Solutions
Acid-test ratio - The ratio of total assets to total liability
Market Potential - The volume that would be realized if each prospective consumer were to
purchase a specific amount of a particular service during a defined future time frame
General Ledger - Entries assign capital costs through depreciation of long-term assets, adjust
inventory values, and allocate expenses of central services.
Net Revenue - Income actually received, as opposed to that initially posted; equal to gross revenue
minus adjustments for bad debts, charity, and discounts to third parties.
Non operating revenue - Income generated from non-patient care activities, including investments
in securities and earnings from unrelated businesses.
Publicly owned healthcare organization - This type organization is required to submit a statement
of earnings, financial positions, changes in financial position and earnings annually.
Transition Matrix - Probability models that forecast the internal flow of employees from one job
category to another.
Demand-pull approach - Forecasting organizational needs for human resources by focusing on
specific openings that are likely to occur and using these for planning.
Supply-push approach - Forecasting the internal supply of employees as they move from their
current jobs into others through promotions, lateral moves and terminations
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