100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024. $16.49   Add to cart

Exam (elaborations)

(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.

 3 views  0 purchase

(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.(LU) BUSI 323 Financial Analysis & Management - Latest Final Exam Review Q & S 2024.

Preview 3 out of 23  pages

  • November 6, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Unknown
All documents for this subject (8)
avatar-seller
MrDocu
BUSI 323




Financial Analysis &
Management




LATEST FINAL EXAM REVIEW
Q&S




©2024/2025

,1. Which financial ratio is most commonly used to assess a
hospital's ability to meet its short-term obligations?
- A) Debt-to-Equity Ratio
- B) Current Ratio
- C) Return on Assets
- D) Operating Margin


Answer: B) Current Ratio
Rationale: The current ratio is used to evaluate a company's
ability to pay off its short-term liabilities with its short-term assets.


2. What is the primary goal of value-based healthcare
reimbursement models?
- A) Increase volume of services provided
- B) Improve quality and efficiency of care
- C) Maximize hospital profitability
- D) Reduce the number of patient visits


Answer: B) Improve quality and efficiency of care

©2024/2025

, Rationale: Value-based reimbursement models aim to
enhance the quality of care provided to patients and promote
efficiency over volume.


3. A hospital informs patients in advance that they accept
insurance plan X but not Y. This practice is primarily related to
which financial concept?
- A) Budget Variance Analysis
- B) Revenue Cycle Management
- C) Capital Expenditure Planning
- D) Cost-Benefit Analysis


Answer: B) Revenue Cycle Management
Rationale: Revenue Cycle Management involves managing the
clinical and administrative functions to capture, manage, and collect
patient service revenue.


4. Which of the following is NOT considered a fixed cost in
hospital financial management?
- A) Salaries of administrative staff
- B) Utility expenses
- C) Cost of consumable medical supplies
- D) Depreciation of medical equipment
©2024/2025

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MrDocu. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $16.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71184 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$16.49
  • (0)
  Add to cart