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MHA 706 FINANCIAL MANAGEMENT MIDTERM ACTUAL EXAM NEWEST VERSION REVISED QUESTION AND CORRECT ANSWER FROM VERIFIED SOURCES RATED A GRADE.$18.99
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MHA 706 FINANCIAL MANAGEMENT MIDTERM ACTUAL
EXAM NEWEST VERSION 2024-2025 REVISED QUESTION
AND CORRECT ANSWER FROM VERIFIED SOURCES RATED A
GRADE.
long-term care ✔✔CORRECT ANSWER✔✔healthcare services that cover
an extended period of time, often with a focus on mental health
skilled nursing facilities ✔✔CORRECT ANSWER✔✔provide the level of
care closest to hospital care
intermediate care facilities ✔✔CORRECT ANSWER✔✔intended for
individuals who do not require hospital or SNF care but whose mental
or physical conditions require daily continuity of one or more medical
services
residential care facilities ✔✔CORRECT ANSWER✔✔sheltered
environments that do not provide professional healthcare services
integrated delivery system ✔✔CORRECT ANSWER✔✔a single
organization that offers a broad range of healthcare services in a unified
manner
licensure ✔✔CORRECT ANSWER✔✔the granting or regulation of
licenses, as for professionals
,certificate of need ✔✔CORRECT ANSWER✔✔An endorsement required
by numerous states before the construction of a new health care facility
will be approved
professional liability ✔✔CORRECT ANSWER✔✔protects professionals
such as accountants, lawyers and physicians against negligence and
other claims initiated by their clients
prorietorship ✔✔CORRECT ANSWER✔✔a simple form of business
owned by a single individual
partnership ✔✔CORRECT ANSWER✔✔a non-incorporated business
entity that is created by two or more individuals
corporation ✔✔CORRECT ANSWER✔✔a legal business entity that is
separate and distinct from its owners and managers
investment liquidity ✔✔CORRECT ANSWER✔✔the ability to sell an
investment quickly and at a fair price
limited partnership ✔✔CORRECT ANSWER✔✔a partnership form of
organization with general partners that have control and unlimited
liability and limited partners that have no control and limited liability
, limited liability partnership ✔✔CORRECT ANSWER✔✔a partnership
form of organization that limits the professional liability of its partners
limited liability company ✔✔CORRECT ANSWER✔✔a corporate form of
organization that combines some features of a partnership with others
of a corporation
professional corporation ✔✔CORRECT ANSWER✔✔a type of corporate
business organization in which owners/managers still have professional
liability
S corporation ✔✔CORRECT ANSWER✔✔a corporation with a limited
number of stockholders that is taxed as a proprietorship or partnership
primary market ✔✔CORRECT ANSWER✔✔the market in which newly
issued securities are sold for the first time
secondary market ✔✔CORRECT ANSWER✔✔the market in which
previously issued securities are sold
publicly held company ✔✔CORRECT ANSWER✔✔a corporation whose
shares are held by the general public
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